Q. EXIM Bank is owned by -
✅ Correct Answer: (C)
fully own
Banking Services Management (BSM) MCQs and Notes
Q. Nationalised Banks have been permitted to offer their equity shares to the public to the extent of 49% of their capital as per amendments made in 1994 in
✅ Correct Answer: (B)
banking companies (acquisition & transfer of undertakings) acts 1970/1980
Q. Infrastructure Development Finance Company was established in -
✅ Correct Answer: (B)
1997
Q. The Reserve Bank of India was originally constituted as a share holder's Bank with a share capital of --
✅ Correct Answer: (D)
rs. 5 crores
Q. ….banks are those banks which are incorporated outside India and their head offices are also situated outside India
✅ Correct Answer: (A)
Foreign banks
Q. Banks create money by
✅ Correct Answer: (D)
All of the above
Q. Merchant banking includes
✅ Correct Answer: (A)
Managing issues of shares
Q. Cancellation of crossing can be done by
✅ Correct Answer: (C)
Drawer of the cheque
Q. The relationship between a banker and its customer is basically ……
✅ Correct Answer: (A)
A debtor and a creditor
Q. The endorser will not liable to the holder on dishonor of a negotiable instrument if he makes….
✅ Correct Answer: (A)
Sans-recourse endorsement