Business Services
Commerce ⇒ Business Studies
Business Services starts at 11 and continues till grade 12.
QuestionsToday has an evolving set of questions to continuously challenge students so that their knowledge grows in Business Services.
How you perform is determined by your score and the time you take.
When you play a quiz, your answers are evaluated in concept instead of actual words and definitions used.
See sample questions for grade 12
A company uses a public warehouse to store its goods. What is one advantage of this arrangement?
Define business services and explain their importance in modern business.
Describe the role of communication services in business.
Explain the concept of 'inseparability' in services.
Explain the concept of 'perishability' in services.
A business wants to send goods from Delhi to Mumbai quickly. Which mode of transport should it choose? (1) Road (2) Rail (3) Air (4) Water
A company uses a public warehouse to store its goods. What is one advantage of this arrangement?
A company wants to protect its goods from theft and fire while in storage. Which business service should it use? (1) Banking (2) Insurance (3) Transportation (4) Communication
A business wants to send goods from Delhi to Mumbai quickly. Which mode of transport should it choose? (1) Road (2) Rail (3) Air (4) Water
A company wants to protect its goods from theft and fire while in storage. Which business service should it use? (1) Banking (2) Insurance (3) Transportation (4) Communication
Which of the following is a benefit of e-banking? (1) Limited access (2) 24/7 availability (3) High transaction cost (4) Manual record keeping
Which of the following is a limitation of services? (1) Intangibility (2) Standardization (3) Storage (4) All of the above
Fill in the blank: The principle of insurance that states both parties must disclose all material facts is called __________.
Fill in the blank: The principle of insurance that states the insured must have a financial interest in the subject matter is called __________.
Fill in the blank: The principle of insurance which states that the insured should not make a profit out of insurance is called the principle of __________.
Fill in the blank: The process of moving goods from one place to another is known as __________.
State whether the following statement is True or False: 'A bonded warehouse is used to store imported goods until customs duty is paid.'
State whether the following statement is True or False: 'Business services are always tangible.'
State whether the following statement is True or False: 'Marine insurance covers risks related to ships and cargo during transit.'
State whether the following statement is True or False: 'Services are heterogeneous in nature.'
