Q. The powers of the Board of Directors to borrow from the bank are mentioned in
✅ Correct Answer: (B)
memorandum of association
Banking Services Management (BSM) MCQs and Notes
Q. The Securitization and Reconstruction of Financial Asset and enforce of Security Interest Act came into force from
✅ Correct Answer: (B)
21.06.02
Q. E.P.S. in share market stands for
✅ Correct Answer: (A)
earning per share
Q. C.R.A. in banking parlance stands for
✅ Correct Answer: (C)
credit risk assessment
Q. Full form of SLR
✅ Correct Answer: (A)
statutory liquidity ratio
Q. NGO is the term associated with
✅ Correct Answer: (A)
shg
Q. Banking ombudsman means
✅ Correct Answer: (B)
a person to whom customer can approach for redress of his grievances
Q. ………..represents short-term loans granted either to the discount houses or to other banks which are obtainable at call.
✅ Correct Answer: (B)
money at call and short notice
Q. As the credit card gives the overdraft facilities and additional………….power to customer.
✅ Correct Answer: (C)
borrowing
Q. ……………is a system of banking in which one bank carries on its business through a network of branches spread all over the country.
✅ Correct Answer: (C)
branch banking