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This set of Banking Services Management (BSM) Multiple Choice Questions & Answers (MCQs) focuses on Banking Services Management Set 8

Q1 | What action is taken if one of the customers tenders forged note?
Q2 | Head quarter of ADB is situated at
Q3 | Indian Companies have been allowed to invest upto US$ ---abroad
Q4 | As per Basel-I ………..capital can absorb losses without a bank beingrequired to cease trading.
Q5 | Which of the following definition is most correct. UCPDC 500 is
Q6 | If market quotes USD/INR as 43.61/63 ,at what rate can you buy USD atthe given quote.
Q7 | A new category of scheduled banks came into existence in 1975 as RRBsunder the ………
Q8 | The three banks recently have entered in a Mega ATM sharing pact. Theyare
Q9 | Devaluation of currency stands for
Q10 | Pari Passu charge refers to a charge
Q11 | What are the four categories as per Kapur Committee recommendations forloan applications under SSI segment
Q12 | The area of operation of …………banks are maximum of three geographicallyneighbouring districts and they are allowed to open branches only in their area of operation.
Q13 | The banker advances money against immovable property only when theproperty is ……….to the banker.
Q14 | EXIM Bank was set up on
Q15 | Which commission recommented the foundation of RBI
Q16 | At what frequency can Banks pay interest on Saving Bank Account asperRBI guidelines
Q17 | The VSAT communication network for banks and financialinstitutionslaunched by RBI is known as
Q18 | ………………..is a transaction where by money is borrowed by the debtor onthe security of the movable property.
Q19 | Most modern banking systems are based on
Q20 | Which bank has become the first foreign bank to open a branch inIsrael'sdiamond exchange:
Q21 | RBI controls money market qualitatively through
Q22 | What was established in Kolkata on 1 st April 1935 in accordance with the provision of an act of the same name passed in 1934?
Q23 | What unique distinction do the General Bank of India and the Bank ofHindustan founded in and around 1786 posses in the context of Indian banking history?
Q24 | The Imperial Bank of India was re-named on 30th April 1955 as what?
Q25 | Which bank operates on behalf of the SBI in Nigeria and was establishedin 1981?