CHAPTER-04 (BUSINESS SERVICES)

Knowledge Based
S. No. MARKS

What is a bank?

2. What is e-banking? 3

3. Define the term Insurance' 3

What is cause proximate?

4.
3
What is utmost good faith? 3

What is voice-mail? 3

What are warehouses?

What is the full form of ATM?

9. State any four principles of insurance.

10. Define insurance. Explain the advantages of insurance to the business community.

11 Explain the principle of insurable interest.

12 Describe briefly various types of policies issued by life insurance Corporation of India.

S.No. Understanding Based

What is the institution called which borrows and bonds money?

List the services offered by e-banking.

A utility is created by transportation. What is that known as?

There are firms which facilitate storage of goods for sale in the future. What are they known as?

5.
Service sector comprise certain services which are essential for business and industry. ldentify
and briefly explain four such services.

.
Explain any two recent trends in communication.

n a t kinds of deposits are accepted by a bank? Explain the features of any two of them.
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