Test: Business Services - 3


10 Questions MCQ Test Business Studies (BST) Class 11 | Test: Business Services - 3


Description
This mock test of Test: Business Services - 3 for Commerce helps you for every Commerce entrance exam. This contains 10 Multiple Choice Questions for Commerce Test: Business Services - 3 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: Business Services - 3 quiz give you a good mix of easy questions and tough questions. Commerce students definitely take this Test: Business Services - 3 exercise for a better result in the exam. You can find other Test: Business Services - 3 extra questions, long questions & short questions for Commerce on EduRev as well by searching above.
QUESTION: 1

Which one of the following is NOT the form of e- banking services offered by e-banking?

Solution:

A Cheque is a document which orders a bank to pay a particular amount of money from a person’s account to another individual’s or company’s account in whose name the cheque has been made or issued. The cheque is utilised to make safe, secure and convenient payments. A cheque is a tangible document and does not comes under the purview of electronic transaction.

QUESTION: 2

You have to export a consignment of iron ore to France. Which mode of transport will you choose to send it?

Solution:

Sea should be the correct answer as Sea is one of the cheapest sources of International transportation. The question does not mention anything about the urgency of delivery so fast transportation is out of the picture.
Using cheap source of transportation helps in increasing the profits of the business. After all the main aim is to earn more profit.

QUESTION: 3

Life insurance is a contract of assurance because

Solution:
QUESTION: 4

Which of the following is the subject matter of Marine Insurance?

Solution:
QUESTION: 5

Overdraft Facility is available on

Solution:
QUESTION: 6

RTGS is a fund transfer system from one bank to another

Solution:
QUESTION: 7

The largest commercial bank of India

Solution:
QUESTION: 8

Which of the following is not applicable in life insurance contracts

Solution:
QUESTION: 9

DTH services are provided by

Solution:
QUESTION: 10

IndusInd Bank comes under which category of banks?

Solution:

IndusInd Bank Ltd is one of the new generation private sector banks in India. The Bank's business lines include corporate banking, retail banking, treasury and foreign exchange, investment banking, capital markets, non-resident Indian/high-net-worth individual banking, and information technology.

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