CBSE Class 11 Business Studies – MCQ and Online Tests – Unit 4 – Business Services
Every year CBSE schools conducts Annual Assessment exams for 6,7,8,9,11th standards. These exams are very competitive to all the students. So our website provides online tests for all the 6,7,8,9,11th standard’s subjects. These tests are also very effective and useful for those who preparing for any competitive exams like Olympiad etc. It can boost their preparation level and confidence level by attempting these chapter wise online tests.
These online tests are based on latest CBSE syllabus. While attempting these our students can identify the weak lessons and continuously practice those lessons for attaining high marks. It also helps to revise the NCERT textbooks thoroughly.
CBSE Class 11 Business Studies – MCQ and Online Tests – Unit 4 – Business Services
Question 1.
Time utility is created by
(a) Transportation
(b) Banking
(c) Warehousing
(d) Communication
Answer
Answer: (a) Transportation
Question 2.
DTH services are provided by________.
(a) Transport companies
(b) Banks
(c) Cellular companies
(d) None of the above
Answer
Answer: (c) Cellular companies
Question 3.
The validity period of a demand draft is
(a) One month
(b) Two Months
(c) Three months
(d) Six Months
Answer
Answer: (c) Three months
Question 4.
DTH services are provided by
(a) Transport Company
(b) Banks
(c) Cellular Company
(d) None of these
Answer
Answer: (c) Cellular Company
Question 5.
Which of the following is an allied postal service-
(a) Greeting post
(b) Media post
(c) Speed post
(d) Passport Application
Answer
Answer: (c) Speed post
Question 6.
Which of the following is a contract of Indemnity
(a) Marine Insurance
(b)Fire Insurance
(c) Life Insurance
(d) all the above
Answer
Answer: (b) Fire Insurance
Question 7.
Which is the central Bank of India
(a) Central Bank
(b)State Bank of India
(c) Bank of India
(d) Reserve Bank of India
Answer
Answer: (d) Reserve Bank of India
Question 8.
The functions of a commerce include
(a) acceptance of deposits
(b) granting of loans
(c) Locker facility
(d) all the above
Answer
Answer: (d) all the above
Question 9.
Which of the following is not applicable in life insurance contract?
(a) Conditional contract
(b) Unilateral contract
(c) Indemnity contract
(d) None of the above
Answer
Answer: (c) Indemnity contract
Question 10.
The benefits of public warehousing includes_______.
(a) Control
(b) Flexibility
(c) Dealer relationship
(d) None of the above
Answer
Answer: (b) Flexibility
Question 11.
It is not a type of general insurance
(a) Marine Insurance
(b) Fidelity Insurance
(c) Fire Insurance
(d) Life Insurance
Answer
Answer: (d) Life Insurance
Question 12.
What is the full form of WWW
(a) world wide width
(b) world wide work
(c) world wild web
(d) world wide web
Answer
Answer: (d) world wide web
Question 13.
Which is considered as the cheapest means of transportation
(a) Air
(b) Road
(c) Water
(d) Railway
Answer
Answer: (c) Water
Question 14.
CWC stands for_______.
(a) Central Water Commission
(b) Central Warehousing Commission
(c) Central Warehousing Corporation
(d) Central Water Corporation
Answer
Answer: (c) Central Warehousing Corporation
Question 15.
Which of the following is not a function of insurance?
(a) Risk sharing
(b) Assist in capital formation
(c) Lending of funds
(d) None of the above
Answer
Answer: (b) Assist in capital formation
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