Test: Business Services - 1 - Commerce MCQ

Answer:
DTH services are provided by Cellular companies.
Explanation:
- DTH (Direct-to-Home) services refer to the distribution of television content directly to the consumer's home via satellite.
- Cellular companies, also known as telecom companies, provide DTH services as part of their offerings.
- These companies have the infrastructure and technology to transmit television signals through satellites to the consumer's DTH receiver.
- The DTH receiver is usually installed at the consumer's home and connected to their television set.
- Cellular companies offer various DTH packages and subscription plans to cater to the different needs and preferences of consumers.
- They provide a wide range of channels and services, including HD (High Definition) channels, interactive services, pay-per-view options, and more.
- Cellular companies also provide customer support and assistance for any issues related to DTH services.
- Examples of cellular companies that provide DTH services include Airtel Digital TV, Tata Sky, Dish TV, and Videocon d2h.
- These companies compete in the market to attract consumers by offering different features, pricing, and packages for DTH services.
- DTH services have gained popularity due to their convenience, wide range of channels, and better picture and sound quality compared to traditional cable TV services.

Insuring anything other than human life is called general insurance. Examples are insuring property like house and belongings against fire and theft or vehicles against accidental damage or theft. Injury due to accident or hospitalization for illness and surgery can also be insured. Your liabilities to others arising out of the law can also be insured and is compulsory in some cases like motor third party insurance.

The Contracts of Indemnity has been defined as: "A Contract whereby one party promises to save the other from loss caused to him by the conduct of the promisor himself or by the conduct of any other person, is called a contract of indemnity." The term is often used in business contracts and in insurance.
But it is not used in life insurance because the loss is not caused by any other party.

CWC stands for Central Warehousing Corporation which is a premier Warehousing Agency in India.

As a part of financial planning, term insurance is one of the popular choices to choose. We make financial plans to secure a better future for ourselves and, even more so, for our family in case of certain unforeseen situations or events. Even though term insurance is one of the most sought-after financial tools for future planning, that helps to eliminate uncertainties and distress for near and dear ones, it also comes with certain conditions that vary from one insurance provider to another. Though term insurance is typically meant to cover death, there are certain types of death that are not covered under it. Also, there are certain situations where coverage is subject to some clauses.Money Back Policy.

AN INSURANCE company has been defined as a company (amendment to Insurance Act, 1938, Section 2 clause 7A(c)) whose sole purpose is to carry on life insurance business or general insurance business or re-insurance business.

Inseparability is one of the five basic features of services (the 5 I's), where production and consumption occur simultaneously. Goods, in contrast, allow separation of production and consumption.

"Indemnity," represents the principle of insurance.
Indemnity means that the insurance policy aims to compensate the insured party for the actual financial loss suffered as a result of an insured event.
It is the principle of restoring the insured to the same financial position they were in before the loss occurred, without gaining any profit from the insurance claim.

Business services are those used by enterprises for conducting activities, such as banking, insurance, transportation, warehousing, and communication, as explained in the types of services section.

Deposits are the basis of loan operations for banks, as they borrow money from depositors and lend it out, earning interest. This is a key function of commercial banks.