This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 4 Business Services – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 4 Business Services Quiz 1 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which is not included in Insurance work. A) Division of risk. B) Helpful in capital formation. C) To give loan. D) None of these. Show Answer Correct Answer: C) To give loan. 2. Which of the following is not a service? A) BANKING. B) COMMUNICATION. C) AUTOMOBILE. D) INSURANCE. Show Answer Correct Answer: C) AUTOMOBILE. 3. Which of the following bank accounts accumulate the features of two or more accounts? A) Saving account. B) Current account. C) Recurring deposit account. D) MODA. Show Answer Correct Answer: D) MODA. 4. What workplace outcomes do sustainability procedures aim to support regarding health and comfort? A) Higher noise levels and faster pace. B) Good air quality and making sure workers are safe at work. C) Eliminating all breaks. D) Mandatory overtime. Show Answer Correct Answer: B) Good air quality and making sure workers are safe at work. 5. WHICH ACCOUNT GIVES MAXIMUM INTEREST? A) CURRENT ACCOUNT. B) SAVING ACCOUNT. C) FIXED DEPOSIT ACCOUNT. D) RECURRING ACCOUNT. Show Answer Correct Answer: C) FIXED DEPOSIT ACCOUNT. 6. What is important for employees to project to inspire the client base? A) A professional image. B) A casual demeanor. C) A competitive attitude. D) A relaxed approach. Show Answer Correct Answer: A) A professional image. 7. Cheques which are to be deposited only in the payees account are A) Order cheque. B) Blank cheque. C) Crossed cheque. D) Bearer cheque. Show Answer Correct Answer: C) Crossed cheque. 8. Which of the following is the full form of ATM? A) Automatic Take Money. B) Any Time Money. C) Automated Teller Machine. D) None of these. Show Answer Correct Answer: C) Automated Teller Machine. 9. Which of the following is not an example of the different types of customers typically found in a business services environment? A) Internet. B) External. C) New. D) Repeat. E) Internal. Show Answer Correct Answer: A) Internet. 10. Contoh dari bisnis industri adalah A) Pabrik Ban. B) Bengkel. C) Rumah makan. D) Jual mas. Show Answer Correct Answer: A) Pabrik Ban. 11. What are the risks associated with outsourcing business services? A) Enhanced data security measures. B) Increased control over business processes. C) Risks associated with outsourcing business services include loss of control, data security issues, communication barriers, dependency on providers, and hidden costs. D) Improved communication with clients. Show Answer Correct Answer: C) Risks associated with outsourcing business services include loss of control, data security issues, communication barriers, dependency on providers, and hidden costs. 12. Another name for insured is assurance underwriter A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 13. THE CARD USED TO WITHDRAW THE MONEY FROM OUR OWN ACCOUNT IS ..... A) CREDIT CARD. B) DEBIT CARD. C) E-CARD. D) CASH CARD. Show Answer Correct Answer: B) DEBIT CARD. 14. If a person take fire insurance policy from 3 insurers. During loss due to fire he will get A) Loss amount compensation from all three separately. B) Loss amount, which will be contributed by all three. C) Policy amount from all insurance. D) None of the above. Show Answer Correct Answer: B) Loss amount, which will be contributed by all three. 15. RTO's provide online management systems to support VET. These may include: A) QMS and MySkills. B) QMS and aXcelerate. C) RTO Management Services. D) AXcelerate and RTO Management Services. Show Answer Correct Answer: B) QMS and aXcelerate. 16. Which of the following is not applicable in life insurance contract? A) Conditional contract. B) Unilateral contract. C) Indemnity contract. D) None of these. Show Answer Correct Answer: C) Indemnity contract. 17. In which of the following types of accounts, a depositor can deposit a fixed amount every month for a fixed period? A) Current deposit account. B) Fixed deposit account. C) Multi option deposit account. D) Recurring deposit account. Show Answer Correct Answer: D) Recurring deposit account. 18. Sorting records according to their date, with the most recent at the top. This is an example of: A) Numerical Filing. B) Geographical Filing. C) Chronological Filing. D) Time Filing. Show Answer Correct Answer: C) Chronological Filing. 19. Which of the following is a feature of services? A) Ownership transfer. B) Inconsistency. C) Standardization. D) Tangible products. Show Answer Correct Answer: B) Inconsistency. 20. Under which policy are the goods insured for an agreed value between the insurer and the insured at the time of taking the policy? A) Valued Policy. B) Timed Policy. C) Floating Policy. D) Mixed Policy. Show Answer Correct Answer: A) Valued Policy. 21. How many focus areas are there in the 240 hour Business Services course? A) 14. B) 8. C) 1. D) 7. Show Answer Correct Answer: D) 7. 22. The bank which controls and coordinates currency and credit policy of India is ..... A) RBI. B) SBI. C) ICICI Bank. D) None of the above. Show Answer Correct Answer: A) RBI. 23. Import-Export Bank is: A) Commercial Bank. B) Central Bank. C) Cooperative Bank. D) Special Bank. Show Answer Correct Answer: D) Special Bank. 24. In fire insurance, the policy-holder need to have insurable interest in the goods only at the time of taking the policy. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 25. ..... principal states, the insurer step into the shoes of insured. A) Contribution. B) Subrogation. C) Mitigation. D) Indeminity. Show Answer Correct Answer: B) Subrogation. Next →Related QuizzesClass 11 Business Studies Chapter 4 Business Services Quiz 2Class 11 Business Studies Chapter 4 Business Services Quiz 3Class 11 Business Studies Chapter 4 Business Services Quiz 4Class 11 Business Studies Chapter 4 Business Services Quiz 5Class 11 Business Studies Chapter 4 Business Services Quiz 6Class 11 Business Studies Chapter 4 Business Services Quiz 7Class 11 Business Studies Chapter 4 Business Services Quiz 8Class 11 Business Studies Chapter 4 Business Services Quiz 9Class 11 Business Studies Chapter 4 Business Services Quiz 10Class 11 Business Studies Chapter 4 Business Services Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books