Banking Services Management Set 9

Bachelor of Commerce (B Com),

Bachelor of Commerce in Banking and Insurance (B.Com Banking and Insurance)

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This set of Banking Services Management (BSM) Multiple Choice Questions & Answers (MCQs) focuses on Banking Services Management Set 9

Q1 | The term bank is derived from the German word ‘Banc’ which means…….
Q2 | On…………14 banks with deposit of 50 crores or more taken over by the Governmentof India
Q3 | How many banks were nationalized India in the second stretch?
Q4 | Schedule banks are those banks which are included in the ………….
Q5 | ………..is continues arrangement between a Commercial Bank and a business concernfor the purchase of book debt of the business concern.
Q6 | Who regulates the money circulation in India?
Q7 | Reserve Bank of India was nationalized in the Year
Q8 | What is the expansion of IDBI?
Q9 | Credit rationing is a…………. method of credit control
Q10 | “Sans recourse” means….
Q11 | The first bank established in India was….
Q12 | “Customer” is defined in ………….
Q13 | Internet is the cheapest of all banking channel and helps banks to gain substantially in termsof……. Cost
Q14 | The RBI was originally constituted as a shareholder bank with a share capital of ….
Q15 | ………..constitute the largest source of funds for the bank
Q16 | Collection of cheques for the customer is a ……………… function of banks
Q17 | After a customer closed his account…..
Q18 | A mandate may continue to be operative even in the case of……………….
Q19 | A document issued by the bank to acknowledge the receipt of a fixed sum of moneydeposited…. Is called
Q20 | The endorser will not liable to the holder on dishonor of a negotiable instrument if hemakes….
Q21 | The relationship between a banker and its customer is basically ……
Q22 | Cancellation of crossing can be done by
Q23 | Merchant banking includes
Q24 | Banks create money by
Q25 | ….banks are those banks which are incorporated outside India and their head offices are alsosituated outside India
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