Q. Imperial Banks were amalgamated and changed as _________
✅ Correct Answer: (B)
state bank of india
Banking Services Management (BSM) MCQs and Notes
Q. When was Indian Banking Act come into force?
✅ Correct Answer: (B)
1949
Q. When was Reserve Bank of India Nationalised?
✅ Correct Answer: (C)
1949
Q. When was Reserve Bank of India established?
✅ Correct Answer: (C)
1935
Q. Which was the firth Bank corporated by the Indians? (1881)
✅ Correct Answer: (C)
avadh commercial bank(oudh)
Q. Who introduced the Banking Ombudsmen Scheme?
✅ Correct Answer: (A)
rbi
Q. Who will settle the grievances of customers of banks?
✅ Correct Answer: (D)
ombuds men
Q. Which of the following is not an organized sector in India?
✅ Correct Answer: (D)
chits and money lenders
Q. Who regulates the money circulation in India?
✅ Correct Answer: (B)
reserve bank of india