Class 11 Business Studies MCQ Chapter 4 Business Service Solutions to each chapter is provided in the list so that you can easily browse through different chapters Class 11 Business Studies MCQ Chapter 4 Business Service Question Answer and select need one. NCERT Class 11 Business Studies MCQ Chapter 4 Business Service Solutions Download PDF. AHSEC Class 11 Business Studies Multiple Choice Solutions.
Class 11 Business Studies MCQ Chapter 4 Business Service
Also, you can read the NCERT book online in these sections Solutions by Expert Teachers as per Central Board of Secondary Education (CBSE) Book guidelines. NCERT Class 11 Business Studies Objective Type Solutions are part of All Subject Solutions. Here we have given AHSEC Class 11 Business Studies Multiple Choice Question and Answer, HS First Year Business Studies MCQ Solutions for All Chapters, You can practice these here.
Business Service
Chapter: 4
| MCQ |
1. DTH services are provided by______.
(i) Transport companies.
(ii) Banks.
(iii) Cellular companies.
(iv) None of the above.
Ans: (iv) None of the above.
2. The benefits of public warehousing includes
(i) Control.
(ii) Flexibility.
(iii) Dealer relationship.
(iv) None of the above.
Ans: (ii) Flexibility.
3. Which of the following is not a function of insurance ?
(i) Risk sharing.
(ii) Assist in capital formation.
(iii) Lending of funds.
(iv) None of the above.
Ans: (iii) Lending of funds.
4. Which of the following is not applicable in life insurance contracts?
(i) Conditional contract.
(ii) Unilateral contract.
(iii) Indemnity contract.
(iv) None of the above.
Ans: (iii) Indemnity contract.
5. CWC stands for _______.
(i) Central water commission.
(ii) Central Warehousing commission.
(iii) Central warehousing corporation.
(iv) Central water corporation.
Ans: (iii) Central warehousing corporation.
6. UPI stands for-
(i) Unique Payment Introduction.
(ii) Union Payment Interface.
(iii) Upper Payment Interface.
(iv) Unified Payment Interface.
Ans: (iv) Unified Payment Interface.
7. From the following which is not the function of commercial banks?
(i) Acceptance of deposit.
(ii) Risk sharing.
(iii) Lending of funds.
(iv) Cheque facility.
Ans: (ii) Risk sharing.
8. Banks can be classified into _______ categories?
(i) 4
(ii) 5
(iii) 3
(iv) 6
Ans: (i) 4
9. From the following which are not private sector banks?
(i) HDFC bank.
(ii) ICICI bank.
(iii) SBI.
(iv) Kotak Mahindra Bank.
Ans: (iii) SBI.
10. In which industry is inconsistency in service offerings particularly evident?
(i) Manufacturing.
(ii) Mobile services.
(iii) Agriculture.
(iv) Retail.
Ans: (ii) Mobile services.
11. From the following which are not public sector banks?
(i) SBI
(ii) PNB
(iii) IOB
(iv) HDFC bank
Ans: (iv) HDFC bank
12. Online-Banking provides service to the customers-
(i) 24 Hours in a day.
(ii) 8 Hours in a day.
(iii) 10 Hours in a day.
(iv) None of these.
Ans: (i) 24 hours in a day.
13. Commercial banks are institutions dealing in money. These are governed by Indian Banking Regulation Act _______?
(i) 1947
(ii) 1994
(iii) 1949
(iv) 1943
Ans: (iii) 1949
14. What does the term ‘intangible’ mean in the context of services?
(i) Services can be touched.
(ii) Services are standard products.
(iii) Services cannot be touched.
(iv) Services are easy to measure.
Ans: (iii) Services cannot be touched.
15. What is the full form of an ATM?
(i) Automated Teller Machine.
(ii) Automated Transaction Machine.
(iii) Automated Teller Mobile.
(iv) None of the above.
Ans: (i) Automated Teller Machine.
