R4RIN – MCQs, Mock Tests | Business Studies Business Studies-[Class 11-MCQS ]-Chapter 4 Business Services

CWC stands for______

1. Central Water Commission
2. Central Warehousing Commission
3. Central Warehousing Corporation
4. Central Water Corporation

✅ Correct Answer: 3

Which of the following is not a function of insurance?

1. Risk sharing
2. Assist in capital formation
3. Lending of funds
4. None of the above

✅ Correct Answer: 2

DTH services are provided by________.

1. Transport companies
2. Banks
3. Cellular companies
4. None of the above

✅ Correct Answer: 3

The validity period of a demand draft is

1. One month
2. Two Months
3. Three months
4. Six Months

✅ Correct Answer: 3

Which of the following is an allied postal service-

1. Greeting post
2. Media post
3. Speed post
4. Passport Application

✅ Correct Answer: 3

The functions of a commerce include

1. acceptance of deposits
2. granting of loans
3. Locker facility
4. all the above

✅ Correct Answer: 4

Time utility is created by

1. Transportation
2. Banking
3. Warehousing
4. Communication

✅ Correct Answer: 1

Which of the following is not applicable in life insurance contract?

1. Conditional contract
2. Unilateral contract
3. Indemnity contract
4. None of the above

✅ Correct Answer: 3

The benefits of public warehousing includes_____

1. Control
2. Flexibility
3. Dealer relationship
4. None of the above

✅ Correct Answer: 2

It is not a type of general insurance

1. Marine Insurance
2. Fidelity Insurance
3. Fire Insurance
4. Life Insurance

✅ Correct Answer: 4

What is the full form of WWW

1. world wide width
2. world wide work
3. world wild web
4. world wide web

✅ Correct Answer: 4

Which is considered as the cheapest means of transportation

1. Air
2. Road
3. Water
4. Railway

✅ Correct Answer: 3

Which of the following is a contract of Indemnity

1. Marine Insurance
2. Fire Insurance
3. Life Insurance
4. all the above

✅ Correct Answer: 2

Which is the central Bank of India

1. Central Bank
2. State Bank of India
3. Bank of India
4. Reserve Bank of India

✅ Correct Answer: 2