Banking Services Management (BSM) MCQs and Notes
Q. Indian Banks Association (IBA) has a common net working system for sharing the ATM facilities in Mumbai, which is known as
✅ Correct Answer: (B)
shared payment network system
Q. Gilt edged securities refer to
✅ Correct Answer: (A)
government securities
Q. ……….prepared a framework through a consultative process to secure international convergence of supervisory regulations governing the capital adequacy of international banks.
✅ Correct Answer: (A)
basel committee on banking supervision
Q. The first development financial institution in India that has got merged with a bank is
✅ Correct Answer: (B)
icici
Q. When was Lead Bank Scheme introduced?
✅ Correct Answer: (C)
1969
Q. Where is the Head Quarter of Reserve Bank of India?
✅ Correct Answer: (A)
mumbai
Q. Who will act as the banker to the Government of India?
✅ Correct Answer: (B)
reserve bank of india
Q. When was the second phase of nationalisation done?
✅ Correct Answer: (D)
15th april, 1980
Q. How many banks were first nationalised?
✅ Correct Answer: (C)
14