Top 250+ Solved Banking Services Management (BSM) MCQ Questions Answer
Q. ……….prepared a framework through a consultative process to secure international convergence of supervisory regulations governing the capitaladequacy of international banks.
a. basel committee on banking supervision
b. banking committee on banking supervision
c. basel company on banking supervision
d. banking company on banking supervision
Q. Gilt edged securities refer to
a. government securities
b. securities issued by municipal corporations
c. securities issu
d. by first class companies
Q. Indian Banks Association (IBA) has a common net working system forsharing the ATM facilities in Mumbai, which is known as
a. atm network
b. shared payment network system
c. cash network
d. none of these
Q. NABARD is a
a. department of rbi
b. wholly owned subsidiary of rbi
c. subsidiary of sbi
d. none of the above
Q. Which of the following statement is correct.
a. foreign exchange markets are localized markets
b. foreign exchange markets operate within a country’s time zone.
c. foreign exchange markets are dynamic a
d. round the clock markets
Q. Section 14 of Banking Regulation Act, 1949
a. prohibits a banking company from creating a charge upon any unpaid capital of the company.
b. contains a system of licensing of banks by the r.b.i.
c. provides that the subscrib
d. capital of a banking company should not be less than one-half of its authorized capital.
Q. A Bank is under a statutory obligations to honour its customer'scheques vide
a. section 10 of the banking regulation act, 1949.
b. section 3 of the r.b.i. act, 1934.
c. section 31 of the negotiable instruments act, 1881.
d. none of these
Q. NABARD is a …
a. Department of RBI
b. Wholly owned subsidiary of RBI
c. Subsidiary of RBI
d. None of the above
Q. The banker advances money against immovable property only when the property is….. to thebanker
a. Mortgaged
b. Pledged
c. Hypothecated
d. None of these
Q. Lead banking scheme is meant for…..
a. Widening banking service
b. Modernizing banking service
c. Channelizing credit
d. Increasing profit of Commercial Banks
Q. The Reserve Bank of India was originally constituted as a share holder'sBank with a share capital of --
a. rs. 50 lakh
b. rs. 100 lakh
c. rs. 10 crores
d. rs. 5 crores