Banking Services Management (BSM) MCQs

M

Mr. Dubey • 51.43K Points
Coach

Q 11. Most modern banking systems are based on

(A) money of intrinsic value.
(B) commodity money.
(C) 100 percent reserves
(D) fractional reserves.
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M

Mr. Dubey • 51.43K Points
Coach

Q 12. ………………..is a transaction where by money is borrowed by the debtor on the security of the movable property.

(A) hypothication
(B) mortage
(C) pledge
(D) charge
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M

Mr. Dubey • 51.43K Points
Coach

Q 13. The VSAT communication network for banks and financial institutionslaunched by RBI is known as

(A) swift
(B) sbi net
(C) bank net
(D) infinet
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M

Mr. Dubey • 51.43K Points
Coach

Q 14. At what frequency can Banks pay interest on Saving Bank Account asper RBI guidelines

(A) monthly
(B) quarterly
(C) half yearly
(D) yearly
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M

Mr. Dubey • 51.43K Points
Coach

Q 15. Which commission recommented the foundation of RBI

(A) sarkaria commission
(B) hilton young commission
(C) narasimha commission
(D) none of these
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M

Mr. Dubey • 51.43K Points
Coach

Q 16. EXIM Bank was set up on

(A) january1, 1982
(B) january 26,1989
(C) march 15,1981
(D) march15,1982
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M

Mr. Dubey • 51.43K Points
Coach

Q 17. The banker advances money against immovable property only when the property is ……….to the banker.

(A) loan
(B) mortgaged
(C) pledg
(D) hypothicated
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M

Mr. Dubey • 51.43K Points
Coach

Q 18. The area of operation of …………banks are maximum of three geographically neighbouring districts and they are allowed to open branches only in their area of operation.

(A) local area banks
(B) co-operative banks
(C) rrb
(D) foreign exchange banks
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M

Mr. Dubey • 51.43K Points
Coach

Q 19. What are the four categories as per Kapur Committee recommendations for loan applications under SSI segment

(A) upto 2 lacs, upto 15 lacs, upto 25 lacs, and above 25 lacs
(B) upto 10 lacs, upto 25 lacs, upto 50 lacs and above 50 lacs
(C) upto 2 lacs, upto 1 crores, upto 2 crores, a
(D) above 2 crores
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M

Mr. Dubey • 51.43K Points
Coach

Q 20. Pari Passu charge refers to a charge

(A) ranking in priority, regardless of quantum of advances
(B) merely notional in nature
(C) ranking equally in priority in proportion to the lender’s share of advance
(D) none of these
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