Banking Services Management (BSM) MCQs

M

Mr. Dubey • 51.47K Points
Coach

Q 41. The term Allonge refers to

(A) the sheets of paper used in writing a deed
(B) the stamps affixed on document
(C) a sheet of paper attach
(D) to mortgage deed for the purpose of witness
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M

Mr. Dubey • 51.47K Points
Coach

Q 42. NABARD refinance for financing Self Help Groups is to the extent of

(A) 25%
(B) 50%
(C) 75%
(D) 100%
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M

Mr. Dubey • 51.47K Points
Coach

Q 43. Consortium Advances refer to

(A) concurrent borrowings
(B) multiple financing
(C) joint financing by more than one bank
(D) financing of consignment business
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M

Mr. Dubey • 51.47K Points
Coach

Q 44. Exchange risk in case of foreign currency Non Resident (Banks)scheme (FCNB) is borne by

(A) rbi
(B) depositor
(C) govt. of india
(D) concerned bank
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M

Mr. Dubey • 51.47K Points
Coach

Q 45. For which of the following currencies is the Indian rupee quotedagainst 100 units of the foreign currency

(A) deutsche mark
(B) pound
(C) japanese yen
(D) us dollars
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M

Mr. Dubey • 51.47K Points
Coach

Q 46. E E F C denotes

(A) exchange earners foreign currency account
(B) importer’s account with bank
(C) account maintain
(D) by a exporter with rbi
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M

Mr. Dubey • 51.47K Points
Coach

Q 47. Arbitrage is

(A) buying and selling in two markets simultaneously
(B) a rate of interest
(C) a fe
(D) arbitrage is a dispute
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M

Mr. Dubey • 51.47K Points
Coach

Q 48. Indian Banks Association (IBA) has a common net working system forsharing the ATM facilities in Mumbai, which is known as

(A) atm network
(B) shared payment network system
(C) cash network
(D) none of these
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M

Mr. Dubey • 51.47K Points
Coach

Q 49. A unit of the Unit Trust of India is a

(A) share
(B) debenture
(C) negotiabl
(D) instrument
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M

Mr. Dubey • 51.47K Points
Coach

Q 50. The major objective of ……..was to ensure financial safety, soundness, and solvency of banks

(A) prudential norms
(B) risk norms
(C) profit norms
(D) none of these
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