Q. Credit rationing is a…………. method of credit control
✅ Correct Answer: (B)
Qualitative
Banking Services Management (BSM) MCQs and Notes
Q. What is the expansion of IDBI?
✅ Correct Answer: (A)
Industrial development bank of India
Q. Reserve Bank of India was nationalized in the Year
✅ Correct Answer: (C)
1949
Q. Who regulates the money circulation in India?
✅ Correct Answer: (B)
RBI
Q. ………..is continues arrangement between a Commercial Bank and a business concern for the purchase of book debt of the business concern.
✅ Correct Answer: (C)
Factoring
Q. Schedule banks are those banks which are included in the ………….
✅ Correct Answer: (A)
Second schedule of the Reserve Bank of India Act 1934
Q. How many banks were nationalized India in the second stretch?
✅ Correct Answer: (A)
6
Q. On…………14 banks with deposit of 50 crores or more taken over by the Government of India
✅ Correct Answer: (B)
19th July 1969
Q. The term bank is derived from the German word ‘Banc’ which means…….
✅ Correct Answer: (D)
Joint stock fund
Q. Which kind of bills should not be discounted by banks as per RBIregulation?
✅ Correct Answer: (A)
customs duty