Q. Drawing power in an account means
✅ Correct Answer: (D)
stock
Banking Services Management (BSM) MCQs and Notes
Q. Internet is the cheapest of all banking channels and helps banks to gain substantially in terms of………….cost.
✅ Correct Answer: (D)
transaction
Q. The charge created on a security of National Savings Certificate is -
✅ Correct Answer: (A)
pledge
Q. In terms of the N.I. Act, finder of a lost cheque is :
✅ Correct Answer: (D)
holder in due course, in either case
Q. A Bank is under a statutory obligations to honour its customer's cheques vide
✅ Correct Answer: (C)
section 31 of the negotiable instruments act, 1881.
Q. Section 14 of Banking Regulation Act, 1949
✅ Correct Answer: (A)
prohibits a banking company from creating a charge upon any unpaid capital of the company.
Q. Who is the Governor of RBI?
✅ Correct Answer: (C)
raghuram rajan
Q. Which of the following statement is correct.
✅ Correct Answer: (C)
foreign exchange markets are dynamic a
Q. NABARD is a
✅ Correct Answer: (D)
none of the above
Q. Where is the headquarters of SWIFT?
✅ Correct Answer: (B)
brussels