-
question_answer1)
DTH services are provided by
A)
Transport companies done
clear
B)
banks done
clear
C)
Cellular companies done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer2)
The benefits of public warehousing includes
A)
Control done
clear
B)
flexibility done
clear
C)
deder relationship done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer3)
Which of the following is not a function of insurance
A)
Risk sharing done
clear
B)
Assist in capital formation done
clear
C)
Lending of funds done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer4)
Which of the following is not applicable to life insurance contract
A)
Conditional contract done
clear
B)
Unilateral Contract. done
clear
C)
Indemnity contract done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer5)
CWC stands for
A)
Central Water Commission done
clear
B)
Central Warehousing Commission done
clear
C)
Central Warehousing Corporation done
clear
D)
Central Water Corporation done
clear
View Solution play_arrow
-
question_answer6)
Which of the following are identifiable and intangible activities that provide satisfaction of wants?
A)
Business done
clear
B)
Services done
clear
C)
Economic activities done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer7)
In which of the following type of services, a railway journey, is a service which is only provided when customer needs it?
A)
Inseparability done
clear
B)
Inventory done
clear
C)
Intangibility done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer8)
Match the following
LIST I | LIST II |
A. | Services are intangible which means they cannot be touched. | 1. | Inventory |
B. | Services in which there is no standard fixed for the services of tangible product. | 2. | Inseparability |
C. | Services cannot be separated from the production activity. | 3. | Inconsistency |
D. | Services cannot be performed earlier in order to use later. | 4. | Intangibility |
Codes
A)
A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done
clear
B)
A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 done
clear
C)
A\[\to \]3, B\[\to \]4, C\[\to \]1, D\[\to \]2 done
clear
D)
A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done
clear
View Solution play_arrow
-
question_answer9)
Consider the following statements. |
I. Services are not necessarily linked to the sale of product or another service. |
II. It is an act which cant be taken home, but its effect can be surely carried. |
III. Services are those economic activities that imply an interaction to be realised between the service provider and the customer. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer10)
Consider the following statements. |
I. Services are inconsistent in nature which means that there is no standard fixed for the services of tangible product. |
II. Different customer have different demand. |
III. These are performed exclusively as per the need, demand and expectation of consumes. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer11)
Consider the following statement(s). |
I. The term business means an enterprise or a firm involved in the trade of goods and services. |
II. The term services include intangible product such as accounting, banking, consultancy, education etc. |
III. In the competitive world, business enterprises are much dependent on business services. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer12)
Match the following
List I | List II |
A. | Services which facilitate finance to the business firm or to any household. | 1. | Insurance services |
B. | Services in which an insurance company after charging certain fee transfers the risk of the businessman. | 2. | Banking services |
C. | To store the material in regular manner from being processed till consumption. | 3. | Communication |
D. | Mode by which enquiry of products, orders, complaints and suggestions are made easily. | 4. | Warehousing |
Codes
A)
A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done
clear
B)
A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 done
clear
C)
A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 done
clear
D)
A\[\to \]3, B\[\to \]1, C\[\to \]4, D\[\to \]2 done
clear
View Solution play_arrow
-
question_answer13)
Match the following
List I | List II |
A. | State Bank of India | 1. | 1994 |
B. | Punjab National Bank | 2. | 2009 |
C. | Axis Bank | 3. | 1894 |
D. | ICICI | 4. | 1955 |
Codes
A)
A\[\to \]1, B\[\to \]2, C\[\to \]3, D\[\to \]4 done
clear
B)
A\[\to \]3, B\[\to \]2, C\[\to \]4, D\[\to \]1 done
clear
C)
A\[\to \]4, B\[\to \]1, C\[\to \]2, D\[\to \]3 done
clear
D)
A\[\to \]4, B\[\to \]3, C\[\to \]2, D\[\to \]1 done
clear
View Solution play_arrow
-
question_answer14)
There are ......... parties to insurance contract.
A)
Two done
clear
B)
three done
clear
C)
Four done
clear
D)
five done
clear
View Solution play_arrow
-
question_answer15)
Insurance contracts are made according to............ Act, 1872.
A)
Indian contract done
clear
B)
Partnership done
clear
C)
Sales of goods done
clear
D)
All of the above done
clear
View Solution play_arrow
-
question_answer16)
The liability of the insurance company in respect of insurance starts after.............
A)
Filling proposal form done
clear
B)
Entering into contract done
clear
C)
Payment of the contract done
clear
D)
All of the above done
clear
View Solution play_arrow
-
question_answer17)
A ......... cannot enter into insurance contract.
A)
Minor done
clear
B)
Person of unsound mind done
clear
C)
A person disqualified by court done
clear
D)
None of these done
clear
View Solution play_arrow
-
question_answer18)
A house worth ` 400000 has been insured for ` 300000. The house is completely destroyed by fire, the insurance company will be liable to pay ......... to the insured.
A)
` 3 lakhs done
clear
B)
` 4 lakhs done
clear
C)
` 7 lakhs done
clear
D)
` 1 lakhs done
clear
View Solution play_arrow
-
question_answer19)
Insurable interest in case of life insurance should be at the time of
A)
Taking policy done
clear
B)
loss done
clear
C)
and above done
clear
D)
neither of above done
clear
View Solution play_arrow
-
question_answer20)
Insurable interest should be at the time of taking policy and also at the time of loss in case of......... insurance.
A)
Life insurance done
clear
B)
fire done
clear
C)
Marine done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer21)
Insurable interest should be at the time of loss in case of..........
A)
Life done
clear
B)
fire insurance done
clear
C)
Marine insurance done
clear
D)
All of the above done
clear
View Solution play_arrow
-
question_answer22)
Fire insurance policy is taken for......... year/years.
A)
One done
clear
B)
two done
clear
C)
Three done
clear
D)
four done
clear
View Solution play_arrow
-
question_answer23)
.........is taking more than one insurance policy for the same risk.
A)
Double insurance done
clear
B)
reinsurance done
clear
C)
and above done
clear
D)
neither of above done
clear
View Solution play_arrow
-
question_answer24)
Which of the following banks is/are governed by the provisions of State Cooperative Societies, Act?
A)
Commercial banks done
clear
B)
Cooperative banks done
clear
C)
Central banks done
clear
D)
Specialised banks done
clear
View Solution play_arrow
-
question_answer25)
Which of the following account is also known as demand deposit account?
A)
Saving account done
clear
B)
Current account done
clear
C)
Fixed deposit account done
clear
D)
None of the above. done
clear
View Solution play_arrow
-
question_answer26)
Consider the following statement(s). |
I. In recurring deposits, the account holder is required to deposit a specified sum of money every month. |
II. They are also termed as cumulative time deposits. |
III. They are opened for a long period of time. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer27)
Consider the following statement(s). |
I. NEFT facilitates the transaction in a particular period of time. |
II. The remitter can track the NEFT transaction through the originating bank branch. |
III. There is limit on the amount of funds that could be transferred using NEFT. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer28)
Which of the following is mainly responsible for the transformation of information and ideas?
A)
Electronic media done
clear
B)
Print media done
clear
C)
Postal services done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer29)
Which of the following helps in withdrawing and depositing money
A)
Debit Card done
clear
B)
Credit Card done
clear
C)
Automated Teller Machine done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer30)
Which among the following accounts a lump-sum amount is deposited for a specified period of time?
A)
Current account done
clear
B)
Fixed deposit account done
clear
C)
Recurring deposit account done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer31)
Which of the following type of account is opened by businessman?
A)
Saving account done
clear
B)
Current account done
clear
C)
Recurring deposit account done
clear
D)
None of the above done
clear
View Solution play_arrow
-
question_answer32)
Consider the following statement |
I. Insurance is denned as "the equitable transfer of the risk of a potential loss, from one entity to another, in exchange for a reasonable fee". |
II. Function of insurance is to provide protection from probable chances of loss. |
III. It assists in capital formation. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer33)
Which of the following is true about warehousing? |
I. It is a commercial building for storage of goods. |
II. It helps the businessmen to keep their stock in safe custody during dull season. |
III. They are large buildings located in industrial areas of cities and towns. |
Select the correct answer using the codes given below |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer34)
Consider the following statement(s). |
I. The Government of India has divided the whole country into 22 postal circles. |
II. These circles manage the day-to-day working and perform various services through post offices, sub-post offices and branch post offices. |
III. The communication services are responsible for the transmission. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of the above done
clear
View Solution play_arrow
-
question_answer35)
Match the following
List I | List II |
A. | It is the certificate of posting which is received on payment of the prescribed fee. | 1. | Registered Post |
B. | It is a postal facility under which it is ensured that the mail is delivered to the address or it comes back to the sender. | 2. | Under Postal Certificate (UPC) |
C. | Under this facility, articles can be sent across the country as well as outside the country. | 3. | Speed Post |
D. | This service is designed for very fast delivery of mail. | 4. | Parcel Post |
Codes
A)
A\[\to \]2, B\[\to \]1, C\[\to \]4, D\[\to \]3 done
clear
B)
A\[\to \]3, B\[\to \]2, C\[\to \]1, D\[\to \]4 done
clear
C)
A\[\to \]4, B\[\to \]3, C\[\to \]1, D\[\to \]2 done
clear
D)
A\[\to \]2, B\[\to \]4, C\[\to \]1, D\[\to \]3 done
clear
View Solution play_arrow
-
question_answer36)
Consider the following statement(s) regarding IFSC. |
I. IFSC is an alphanumeric code. |
II. IFSC is an 11 digit code. |
III. IFSC is used by NEFT. |
Which of the statement(s) given above is/are correct? |
A)
I and II done
clear
B)
II and III done
clear
C)
I and III done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer37)
Minimum age for saving account is
A)
5 done
clear
B)
10 done
clear
C)
15 done
clear
D)
18 done
clear
View Solution play_arrow
-
question_answer38)
What is the fall form of the letter T in the term RTGS?
A)
Time done
clear
B)
Transaction done
clear
C)
Tax done
clear
D)
Transfer done
clear
View Solution play_arrow
-
question_answer39)
The maximum amount that can be remitted through RTGS is
A)
` 1crore done
clear
B)
` 50 lakh done
clear
C)
` 2 lakh done
clear
D)
Unlimited done
clear
View Solution play_arrow
-
question_answer40)
What is cloud computing?
A)
It is a plateform to outsource business activities via-internet connectivity done
clear
B)
It is a counting of clouds with the help of computer done
clear
C)
It is a method to solve business problem via-computer done
clear
D)
It is a plateform to connect rural population with business done
clear
View Solution play_arrow
-
question_answer41)
Which of the following is largest private sector bank of India?
A)
SBI done
clear
B)
SlDBI done
clear
C)
ICICI done
clear
D)
HDFC done
clear
View Solution play_arrow
-
question_answer42)
Central Bank of India is banker to all bank because
A)
It provides bank facility to Central Government done
clear
B)
It provides banking facilities to all public and private bank of the country done
clear
C)
It provide monetary policy to Central Government done
clear
D)
it provides regulatory functions for all the bank of country done
clear
View Solution play_arrow
-
question_answer43)
Money is deposited in regular instalments for a specific time period in the feature of
A)
Current account done
clear
B)
Recurring deposit account done
clear
C)
Saving account done
clear
D)
Option deposit account done
clear
View Solution play_arrow
-
question_answer44)
Which of the following instrument can be called as flat money?
A)
Debit and Credit card done
clear
B)
Bank draft done
clear
C)
Cheque done
clear
D)
Paper currency done
clear
View Solution play_arrow
-
question_answer45)
The security of National Electronic Funds Transfer (NEFT) is assured by
A)
Public key institution done
clear
B)
Public key infrastructure done
clear
C)
Indian financial network done
clear
D)
Electronic fund transfer done
clear
View Solution play_arrow
-
question_answer46)
Bank overdraft facility is available to which type of bank account?
A)
Current account done
clear
B)
Saving account done
clear
C)
Fixed deposit account done
clear
D)
Recurring deposit account done
clear
View Solution play_arrow
-
question_answer47)
The physical damage to the voyages are covered under which type of insurance.
A)
Cargo insurance done
clear
B)
Freight insurance done
clear
C)
Hull insurance done
clear
D)
Third-party insurance done
clear
View Solution play_arrow
-
question_answer48)
Which of the following instrument is a medium of exchange? |
I. Bank Draft |
II. Bank overdraft |
III. Cheque |
IV. Fixed deposit amount |
Select the correct answer using the codes given below |
A)
I, II and III done
clear
B)
I and III done
clear
C)
II, III and IV done
clear
D)
All of these done
clear
View Solution play_arrow
-
question_answer49)
Which of the following service, if undelivered, would amount to payment of extra fee involved in the service?
A)
Parcel post done
clear
B)
Speed post done
clear
C)
Registered post done
clear
D)
None of these done
clear
View Solution play_arrow
-
question_answer50)
Which of the following city is known as Silicon Valley of India?
A)
Hyderabad done
clear
B)
Noida done
clear
C)
Gurgoan done
clear
D)
Bengaluru done
clear
View Solution play_arrow
-
question_answer51)
Impact of technology on business can be seen apparently on
A)
Expension of mobile technology done
clear
B)
Extreme customer segmentation done
clear
C)
Loss of connectivity done
clear
D)
Increasing operation cost done
clear
View Solution play_arrow
-
question_answer52)
Identify the correct full form of RTGS system.
A)
Rolling turn Groses Settlement done
clear
B)
Real Time Group Settlement done
clear
C)
Real Time Gross Settlement done
clear
D)
Real Turn Group Settlement done
clear
View Solution play_arrow
-
question_answer53)
Which of the following statement(s) is/are correct? |
I. Payment through RTGS are final and irrevocable. |
II. Minimum amount of RTGS can be transferred is 2 lakh. |
Select the correct answer using the codes given below |
A)
Only I done
clear
B)
Only II done
clear
C)
Both I and I done
clear
D)
Neither I nor II done
clear
View Solution play_arrow
-
question_answer54)
Which of the following statement(s) is/are correct? |
I. e-banking lowers the transaction cost. |
II. It facilitates the trade stocks and share on upto 13 global stock exchange. |
Select the correct answer using the codes given below |
A)
Only I done
clear
B)
Only II done
clear
C)
Both I and I done
clear
D)
Neither I nor II done
clear
View Solution play_arrow
-
question_answer55)
What is the full form of KYC?
A)
Know Your Care done
clear
B)
Know Your Contact done
clear
C)
Know Your Customer done
clear
D)
Know Your Consumer done
clear
View Solution play_arrow
-
question_answer56)
Which of the following statement(s) is/are correct? |
I. Cooperative banking provides easy loans to its member only. |
II. Specialised banks provide loans for a general purpose of public consumption. |
Select the correct answer using the codes given below |
A)
Only I done
clear
B)
Only II done
clear
C)
Both I and II done
clear
D)
Neither I nor II done
clear
View Solution play_arrow
-
question_answer57)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements which one of the following is correct? |
Assertion (A) Current account are opened by business. These are also known as demand deposit account. |
Reason (R) Because they are payable on demand by the depositors. |
Codes
A)
Both (A) and (R) are true and (R) is the correct explanation of A done
clear
B)
(A) is true, but (R) is false done
clear
C)
Both (A) and (R) are false done
clear
D)
Both (A) and (R) are true, but (R) is not the correct explanation of done
clear
View Solution play_arrow
-
question_answer58)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements which one of the following is correct? |
Assertion (A) Saving accounts can be opened by anyone after satisfying Know Your Customer (KYC) the norms published by RBI. |
Reason (R) Saving account is meant for individuals who wish to save some amount of money out of their incomes to safeguard their future. |
Codes
A)
Both (A) and (R) are true and (R) is the correct explanation of A done
clear
B)
(A) is true, but (R) is false done
clear
C)
Both (A) and (R) are false done
clear
D)
Both (A) and (R) are true, but (R) is not the correct explanation of done
clear
View Solution play_arrow
-
question_answer59)
Direction: In the questions given below are two statements labelled as Assertion (A) and Reason (R). In the context of the two statements which one of the following is correct? |
Assertion (A) e-banking refers to electronic banking or banking using electronic media. |
Reason (R) e-banking is a service provided by banks that enables a customer to conduct banking transactions. |
Codes
A)
Both (A) and (R) are true and (R) is the correct explanation of A done
clear
B)
(A) is true, but (R) is false done
clear
C)
Both (A) and (R) are false done
clear
D)
Both (A) and (R) are true, but (R) is not the correct explanation of done
clear
View Solution play_arrow