Which of the following is an independent banking industry watchdog that protects consumers of banking services in the country? A. BBB B. IBA C. BCSBI D. IBRD E. None of the Above

Which of the following is an independent banking industry watchdog that protects consumers of banking services in the country? A. BBB B. IBA C. BCSBI D. IBRD E. None of the Above
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C. BCSBI Explanation: The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India.
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BCSBI registered as an independent and autonomous body under ________ A. RBI Act 1934 B. Societies Registration Act, 1860 C. Banking Regulation Act, 1949 D. The Companies Act, 1956 E. Both (B) and (C)

Description : BCSBI registered as an independent and autonomous body under ________ A. RBI Act 1934 B. Societies Registration Act, 1860 C. Banking Regulation Act, 1949 D. The Companies Act, 1956 E. Both (B) and (C)

Last Answer : B. Societies Registration Act, 1860 Explanation: BCSBI is an independent and autonomous body, registered as a separate society under the Societies Registration Act, 1860.

Banking Code & Standards Board of India(BCSBI) set up by ________ A. SEBI B. Ministry of Finance C. RBI D. GOI

Description : Banking Code & Standards Board of India(BCSBI) set up by ________ A. SEBI B. Ministry of Finance C. RBI D. GOI

Last Answer : C. RBI Explanation: The Banking Codes and Standards Board of India (BCSBI) is an independent banking industry watchdog that protects consumers of banking services in India. The board oversee compliance with the ―Code of Bank‘s Commitment to Customers‖

BCSBI is governed by a _______ governing Council including one Chairman. A. six-member B. Four-member C. Five-member D. Three-member E. None of the Above

Description : BCSBI is governed by a _______ governing Council including one Chairman. A. six-member B. Four-member C. Five-member D. Three-member E. None of the Above

Last Answer : A. six-member Explanation: The board is governed by a six-member governing Council including one Chairman.

Which of the following is the headquarters of BCSBI? A. Chennai B. New Delhi C. Mumbai D. Hyderabad E. None of the Above

Description : Which of the following is the headquarters of BCSBI? A. Chennai B. New Delhi C. Mumbai D. Hyderabad E. None of the Above

Last Answer : C. Mumbai Explanation: Headquarters of BCSBI is located in Mumbai.

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Description : In which of the following types of banking, there is a direct execution of transaction between a bank and its consumers? A. Retail Banking B. Universal Banking C. Virtual Banking D. Unit Banking E. other than those given as options

Last Answer : A. Retail Banking Explanation: Retail banking also known as Consumer Banking is the provision of services by a bank to individual consumers, rather than to companies, corporations or other ... include savings and transactional accounts, mortgages, personal loans, debit cards, and credit cards.

Spurious coins detected at the counter are sent to _____ A. RBI B. GOI C. IBRD D. Mint E. None of the Above

Description : Spurious coins detected at the counter are sent to _____ A. RBI B. GOI C. IBRD D. Mint E. None of the Above

Last Answer : D. Mint Explanation: when Spurious coins tendered over the counter, it should be cut and handed over to the tenderer. If the tenderer disputes it, the coins should be sent to the mint at his cost, for examination.

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Description : Bank Holidays are covered by which of the following? A. As per the order of the GOI B. As per the order of the IBA C. Negotiable Instruments Act D. RBI Act E. Other than those given as options

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Description : Who protects consumers from dangerous cheap tires?

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