Top 250+ Solved Banking Services Management (BSM) MCQ Questions Answer
Q. Loan documents executed out of India must be presented forregistration within……….of its arrival in India.
a. three months
b. four months
c. six months
d. twelve months
Q. Usance bills or promissory notes drawn out of India are required to bestamped by
a. first holder in india
b. any holder
c. any party
d. none of the above
Q. Command Area Development Programme relates to __________
a. desert development
b. hill area development
c. livestock development
d. irrigation development
Q. The minimum percentage of Priority Sector advances to be maintainedby foreign banks in India is .
a. 40%
b. 22%
c. 32%
d. 18%
Q. Margin money scheme of KVIC is applicable to the project of individualsand entrepreneurs ______________ .
a. where the total project cost does not exceed rs. 10 lakh
b. where the total project cost does not exceed rs. 25 lakh
c. where the total project cost does not exce
d. rs. 5 lakh
Q. "Customer" is defined in -
a. banking regulation act
b. n.i. act
c. r.b.i. act
d. nowhere it is defined
Q. Prospectus is issued by a Private Limited Company when it issues
a. debentures
b. shares
c. both debentures a
d. shares
Q. Introduction of rating methodology for banks was introduced by RBI on the lines of-
a. camel
b. ir
c. cma
d. none of these
Q. In terms of the N.I. Act, finder of a lost cheque is :
a. a holder but not holder in due course, if payable to order
b. a holder in due course, if payable to bearer
c. both holder a
d. holder in due course, in either case
Q. The charge created on a security of National Savings Certificate is -
a. pledge
b. hypothecation
c. assignment
d. .mortgage
Q. Internet is the cheapest of all banking channels and helps banks togain substantially in terms of………….cost.
a. auditing
b. deposit
c. investment
d. transaction
Q. Drawing power in an account means
a. limit sanctioned
b. value of security
c. value of security minus unpa
d. stock
Q. Lien becomes time-barred three years after
a. the date of loan
b. date of delivery o the relative goods
c. due date of loan
d. lien has no limitation period
Q. Negative lien means -
a. a declaration by a company not to encumber assets of the company without previous consent of banker
b. deposit of title deeds with the bank with an oral declaration to mark bank's lien
c. a lien letter execut
d. by the company authorising the bank to mark lien on its fixed deposit receipt