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This set of Banking Services Management (BSM) Multiple Choice Questions & Answers (MCQs) focuses on Banking Services Management Set 6

Q1 | Which of the following NBFC converted itself into a commercial Bank?
Q2 | Which is the current revision & year of UCPDC?
Q3 | The rate of which discounting the bills of first class banks is done byRBI is called
Q4 | Banking ombudsman has been constituted under which act?
Q5 | The major objective of ……..was to ensure financial safety, soundness,and solvency of banks
Q6 | A unit of the Unit Trust of India is a
Q7 | Indian Banks Association (IBA) has a common net working systemforsharing the ATM facilities in Mumbai, which is known as
Q8 | Arbitrage is
Q9 | E E F C denotes
Q10 | For which of the following currencies is the Indian rupee quotedagainst100 units of the foreign currency
Q11 | Exchange risk in case of foreign currency Non Resident (Banks)scheme(FCNB) is borne by
Q12 | Consortium Advances refer to
Q13 | NABARD refinance for financing Self Help Groups is to the extent of
Q14 | The term Allonge refers to
Q15 | ……………is a system of banking in which one bank carries on its businessthrough a network of branches spread all over the country.
Q16 | As the credit card gives the overdraft facilities and additional………….powerto customer.
Q17 | ………..represents short-term loans granted either to the discount housesor to other banks which are obtainable at call.
Q18 | Banking ombudsman means
Q19 | NGO is the term associated with
Q20 | Full form of SLR
Q21 | C.R.A. in banking parlance stands for
Q22 | E.P.S. in share market stands for
Q23 | The Securitization and Reconstruction of Financial Asset and enforce ofSecurity Interest Act came into force from
Q24 | The powers of the Board of Directors to borrow from the bank arementioned in
Q25 | The currency Euro has been introduced w.e.f.