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Advanced Wealth Management Course (IIBF) - Paper 6

Ch 6: Wealth Management Services of Banks

Q1.

Banking Ombudsman is appointed by:

Indian Banks Association

Central Government

The Governor of RBI

State Government in which it is situated

Q2.

What is Wealth Management?

Wealth Management is an advisory services of banks for big borrowing clients

Wealth Management is a process of cash management

Wealth Management tells the ways of accumulating wealth

Wealth Management is an investment advisory discipline

Q3.

Banking Codes and Standards Boards of India works through

A body set up by RBI

A body represented by various banks

A body set up by Indian Banks Association

A Governing Council of members drawn from Banking, Law and Accountancy

Q4.

The Banking Codes and Standards Board of India is a Department of the RBI.

True

False

Q5.

The “Code of Bank’s Commitment to Customers” was released on

1st June 2005

1st June 2006

1st July 2005

1st July 2006

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