This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 4 Business Services – Quiz 7 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 4 Business Services Quiz 7 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Dibawah ini badan usaha yang sudah berbentuk badan hukum? A) Korporasi. B) Freelancer. C) Perseorangan. D) Kemitraan. Show Answer Correct Answer: A) Korporasi. 2. Primary Credit Co-operative society's work at ..... level A) District. B) Village. C) State. D) None of the above. Show Answer Correct Answer: B) Village. 3. In case of life insurance insurable interest must exist at time of A) Taking the policy. B) Maturity. C) Both a and b. D) None of these. Show Answer Correct Answer: A) Taking the policy. 4. Current account is most suitable for the mobilisation of savings of the public. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 5. What is the role of 'information management' in office management? A) To centralize all decision-making. B) To manage financial resources. C) To ensure quality information is available. D) To reduce the number of employees. Show Answer Correct Answer: C) To ensure quality information is available. 6. Banks Accepts Deposits and ..... money A) Distribute. B) Lends. C) Reserves. D) Opens. Show Answer Correct Answer: B) Lends. 7. The benefits of public warehousing includes A) Control. B) Flexibility. C) Dealer relationship. D) All the above. Show Answer Correct Answer: B) Flexibility. 8. What are the key functions of a warehouse? A) Product manufacturing. B) Customer service management. C) The key functions of a warehouse include storage, inventory management, order fulfillment, and distribution. D) Market research analysis. Show Answer Correct Answer: C) The key functions of a warehouse include storage, inventory management, order fulfillment, and distribution. 9. How can businesses increase their attraction? A) By increasing prices. B) By offering services within their business site. C) By expanding internationally. D) By hiring more employees. Show Answer Correct Answer: B) By offering services within their business site. 10. Use of internet has considerably reduced the need of filling up form and physical documentation, eventually leading towards a ..... society. A) Paper less. B) Errors free. C) Emotionless. D) Use less. Show Answer Correct Answer: A) Paper less. 11. What is the definition of a 'breach' in this context? A) Submitting a late report. B) Breaking a law or regulation or failing to fulfil a duty or obligation. C) Using outdated equipment. D) Changing a roster without approval. Show Answer Correct Answer: B) Breaking a law or regulation or failing to fulfil a duty or obligation. 12. Which of the following is not a function of insurance? A) Risk Sharing. B) Assist in capital formation. C) Lending of funds. D) None of these. Show Answer Correct Answer: C) Lending of funds. 13. When a property is insured by more than one insurance (i.e. in case of multiple insurance), the insurers are to share losses in what proportion? A) Ratio of premiums received. B) Ratio of duration of insurance. C) Ratio of amount insured. D) Equal ratio. Show Answer Correct Answer: C) Ratio of amount insured. 14. DTH services are provided by ..... A) Transport companies. B) Banks. C) Cellular Companies. D) None of these. Show Answer Correct Answer: C) Cellular Companies. 15. The subject matter of a Marine Insurance is Intangible assets. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 16. Bankers are not only dealers of money but also leaders in ..... A) Service development. B) Trade development. C) Industry development. D) Economic development. Show Answer Correct Answer: D) Economic development. 17. Apa tujuan utama dari manajemen kantor? A) Untuk meningkatkan pengeluaran kantor. B) Untuk membatasi produktivitas karyawan. C) Untuk menciptakan lingkungan kerja yang santai. D) Untuk memastikan operasi kantor yang efisien dan efektif. Show Answer Correct Answer: D) Untuk memastikan operasi kantor yang efisien dan efektif. 18. Who decides the rate of interest provided by commercial banks on deposits in India? A) Reserve Bank of India. B) Commercial Bank. C) Foreign Exchange Bank. D) Export-Import bank. Show Answer Correct Answer: A) Reserve Bank of India. 19. How long has Grafton Recruitment been operating in the Czech Republic? A) 32. B) 16. C) 23. D) 27. Show Answer Correct Answer: A) 32. 20. The principle of insurance that requires full and accurate disclosure of facts and other important information is called ..... A) Principle of Indemnity. B) Principle of Utmost good faith. C) All the above. D) None of the above. Show Answer Correct Answer: B) Principle of Utmost good faith. 21. Which principle is not applicable to Life Insurance? A) Principle of Indemnity. B) Principle of Insurable Interest. C) Principle of Utmost Good Faith. D) Principle of Subrogation. Show Answer Correct Answer: A) Principle of Indemnity. 22. Manakah dari berikut ini yang merupakan fungsi utama layanan bisnis? A) Mengurangi pelatihan karyawan. B) Mensupport bisnis. C) Meningkatkan harga produk. D) Batasi umpan balik pelanggan. Show Answer Correct Answer: B) Mensupport bisnis. 23. Which element is present in fire insurance contract? A) Protection. B) Investment. C) Profit. D) None of the above. Show Answer Correct Answer: A) Protection. 24. In which type of Account deposits must be repeated after a certain duration of time? A) Savings Account. B) Current Account. C) Fixed Deposit Account. D) Recurring Deposit Account. E) Multiple option Account. Show Answer Correct Answer: D) Recurring Deposit Account. 25. Which of the following best describes the concept of 'decentralization' as mentioned in the text? A) Centralizing all tasks in one department. B) Distributing tasks across multiple departments. C) Eliminating departments altogether. D) Combining all tasks into one unit. Show Answer Correct Answer: B) Distributing tasks across multiple departments. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 4 Business Services Quiz 1Class 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 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