Banking Services Management (BSM) MCQs and Notes

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Q 221. Imperial Banks were amalgamated and changed as _________

(A) reserve bank of india
(B) state bank of india
(C) subsidiary banks
(D) union bank of india

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Q 222. When was Indian Banking Act come into force?

(A) 1948
(B) 1949
(C) 1950
(D) 1951

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Q 223. When was Reserve Bank of India Nationalised?

(A) 1947
(B) 1948
(C) 1949
(D) 1950

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Q 224. When was Reserve Bank of India established?

(A) 1920
(B) 1925
(C) 1935
(D) 1948

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Q 225. Which was the firth Bank corporated by the Indians? (1881)

(A) imperial bank of india
(B) state bank of india
(C) avadh commercial bank(oudh)
(D) reserve bank of india

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Q 226. Who introduced the Banking Ombudsmen Scheme?

(A) rbi
(B) sbi
(C) ministry of finance
(D) nabard

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Q 227. Who will settle the grievances of customers of banks?

(A) reserve bank of india
(B) state bank of india
(C) local courts
(D) ombuds men

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Q 228. Which of the following is not an organized sector in India?

(A) nationalised banks
(B) regional rural banks
(C) cooperative banks
(D) chits and money lenders

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Q 229. Who regulates the money circulation in India?

(A) state bank of india
(B) reserve bank of india
(C) naba
(D) (d) commercial banks

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