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Class 11 Business Studies Chapter 4 Business Services Quiz 4 (60 MCQs)

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1. Ankur saves Rs.3, 000 every month. Which type of Bank Account he should open with the bank?
2. The insured is expected to disclose all the important facts related to property insured. Which Principle is discussed here?
3. Which type of Insurance has the elements of protection and investment both?
4. Which institute is called debtor as well as creditor
5. Insurable interest must exist at the time of loss only in case of:
6. Minimum amount of RTGS is:
7. Apa salah satu cara layanan pelanggan telah berkembang?
8. The characteristics of services include
9. Which of the following Public Sector Enterprise is fully accountable to the public and the concerned ministry?
10. It is a type of saving bank a/c in which excess of a particular limit gets automatically transferred to fixed deposit a/c
11. How does outsourcing affect job opportunities in the local market?
12. Which of the following is not a characteristic of private courier services?
13. Money can be withdrawn from fixed deposit accounts by cheque.
14. Goods are stored in:
15. The central idea/s of an insurance is to make sure that:
16. The premature withdrawal is permissible with a percentage of interest being forfeited in:
17. When programming a VET course you should refer to the following:
18. Under which of the following posts a receipt is given by post office?
19. If a person has insured for Rs 4, 00, 000. A fire broke out and the actual amount of loss amounted to Rs 2, 50, 000. How much amount can he claim:
20. Overdraft facility is available on
21. Which type of insurance is not a contract of indemnity?
22. What is the minimum amount for an electronic transfer of funds in case of RTGS?
23. Apa peran layanan pelanggan dalam bisnis?
24. Which type of Account is used to promote small savings?
25. Which of the following is NOT a post office savings scheme?
26. A card you use to withdraw money at an ATM or to pay at a store
27. DEEPAK, A TEXTILE DEALER WANTS TO KNOW THE NON-INSURABLE RISK FROM THE FOLLOWING. CAN YOU HELP HIM TO IDENTIFY IT?
28. Where can reports on company penalties for environmental non-compliance be found?
29. ..... account is meant for people who wish to save a part of their income to safeguard the future and can interest on it.
30. How can insurance protect a business from risks?
31. What is a benefit of providing refreshments at a leisure center?
32. Which of the following is NOT an example of facts to be disclosed for fire insurance:-
33. How does transportation affect the cost of goods?
34. Ragini has insured her house for ₹ 5, 00, 000 against the fire. Her house got damaged due to tremors. The destruction was upto ₹ 1, 00, 000. How much she could recover from the insurance company?
35. Under which policy can several ships belonging to the same owner be insured in the same policy?
36. This account is generally open to encourage small savings
37. Which bank is known as 'Apex Bank'?
38. The ..... banks as well as large commercial banks facilitates foreign exchange transactions.
39. What does Kyndryl do?
40. EDI stand for .....
41. Which of the following is NOT a function of banking services?
42. Marine Insurance does not have any surrender value or paid up value.
43. What is the first function of management
44. Ms. Payal has started a new readymade garment unit. She decided to open an account in a Nationalised Bank. But she has no clear idea about the type of account which is most suitable to business people like her. Which account is most suitable for her?
45. Which of the following A/C carries no interest?
46. 5) Business services are important for the growth of business.
47. Which of the following is not a method of e-banking
48. Contract of idemnity does not applies to
49. If the cargo does not reach its destination due to damage or destruction in the transit, the shipping company is not paid freight charges. To overcome losses suffered by such circumstances, shipping companies opt for
50. These accounts are opened by businessman. The account holder can deposit and Withdraw money. Whenever desired.
51. What is the purpose of launching a new sports club/class/activity?
52. When a ship is insured against any type of danger, it is known as
53. W feature of business services include:
54. A business that focuses on changing raw materials into finished products, like turning wood into furniture, is an example of which type of utility?
55. What role do IT services play in business operations?
56. In ..... policy, several ships belonging to one owner are insured under the same policy.
57. When Money is deposited for a fixed period is called
58. ..... are intangible in nature; they are neither manufactured, transported nor stocked.
59. What are the powers of a WHS inspector?
60. A went to a shop for purchasing 50kg rice. He did not have cash but he has a debit card. He asked shopkeeper for payment by debit card. Shopkeeper takes his debit card and inserts it in a machine. By entering the pin code 'A' paid money to shopkeeper. What does this machine called?
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