Banking Services Management (BSM) MCQs and Notes

M

Mr. Dubey • 51.72K Points
Coach

Q 21. Devaluation of currency stands for

(A) reducing the value of internal currency in terms of foreign currency
(B) increasing the value of indian currency in terms of foreign currency
(C) keeping the value of internal currency constant in terms of foreign currency
(D) none of these

M

Mr. Dubey • 51.72K Points
Coach

Q 22. The three banks recently have entered in a Mega ATM sharing pact. They are

(A) sbi, icici, & b
(B) sbi, icici, hd
(C) icici, andhra bank, hdfc
(D) andhra bank, canara bank, sbi

M

Mr. Dubey • 51.72K Points
Coach

Q 23. A new category of scheduled banks came into existence in 1975 as RRBs under the ………

(A) regional rural banks ordinance,1975.
(B) regional reconstruction banks ordinance,1975.
(C) register
(D) rural banks ordinance,1975.

M

Mr. Dubey • 51.72K Points
Coach

Q 24. If market quotes USD/INR as 43.61/63 ,at what rate can you buy USD at the given quote.

(A) 43.61
(B) 43.62
(C) 43.63
(D) none of the above

M

Mr. Dubey • 51.72K Points
Coach

Q 25. Which of the following definition is most correct. UCPDC 500 is

(A) set of rules applicable to cc transactions
(B) set of rules having 500 article
(C) set of rules fram
(D) by icc governing lc business globally

M

Mr. Dubey • 51.72K Points
Coach

Q 26. As per Basel-I ………..capital can absorb losses without a bank being required to cease trading.

(A) tier-i
(B) tier-ii
(C) tier-iii
(D) none of these

M

Mr. Dubey • 51.72K Points
Coach

Q 27. Indian Companies have been allowed to invest upto US$ ---abroad

(A) 10 million
(B) 15 million
(C) 5 million
(D) 20 million

M

Mr. Dubey • 51.72K Points
Coach

Q 28. Head quarter of ADB is situated at

(A) new york
(B) chicago
(C) manila
(D) tokyo

M

Mr. Dubey • 51.72K Points
Coach

Q 29. What action is taken if one of the customers tenders forged note?

(A) he is sent to prison
(B) note is returned with remark, forged note
(C) note is impound
(D) note is torn

M

Mr. Dubey • 51.72K Points
Coach

Q 30. The currency Euro has been introduced w.e.f.

(A) 01.01.99
(B) 01.01.2000
(C) 01.08.99
(D) 01.03.99

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