Banking Services Management (BSM) MCQs and Notes

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Banking Services Management (BSM)

Q 1. Lead banking scheme is meant for…..

(A) Widening banking service

(B) Modernizing banking service

(D) Increasing profit of Commercial Banks

Q 2. The banker advances money against immovable property only when the property is….. to the banker

(A) Mortgaged

(B) Pledged

(D) None of these

Q 3. NABARD is a …

(A) Department of RBI

(B) Wholly owned subsidiary of RBI

(D) None of the above

Q 4. Who is authorized to issue coins in India?

(A) RBI

(B) Ministry of finance

(D) None of these

Q 5. Which bank operates on behalf of the SBI in Nigeria and was established in 1981?

(A) sbi

(B) rbi

(D) inmb

Q 6. The Imperial Bank of India was re-named on 30th April 1955 as what?

(A) sbi

(B) rbi

(D) idbi

Q 7. What unique distinction do the General Bank of India and the Bank of Hindustan founded in and around 1786 posses in the context of Indian banking history?

(A) they are not registered banks

(B) they are owned by rbi

(D) they are nationalized banks.

Q 8. What was established in Kolkata on 1 st April 1935 in accordance with the provision of an act of the same name passed in 1934?

(A) sbi

(B) rbi

(D) idbi

Q 9. RBI controls money market qualitatively through

(A) open market operation

(B) selective credit control

(D) none of the above.

Q 10. Which bank has become the first foreign bank to open a branch inIsrael's diamond exchange:

(A) american express bank

(B) citibank

(D) chartered bank

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