Free MCQ’s Quiz for Class 11 Business Studies – Chapter 4 Business Services with Answers are prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Business Studies – ‘Business Services’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Business Studies- Chapter 4 – Business Services. Business services are the services that help a company to operate successfully. It consists of nature of services, types of business services and concept of e-banking, etc.

To make you perfect in this topic – Business Services, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Business Services.

Free MCQ’s on Business Services

Results

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Share and Enjoy !

#1. ________ provide DTH services.

Transport Companies

Transport Companies

Banks

Banks

Cellular Companies

Cellular Companies

None of the above

None of the above

#2. Which of the following not come under e-banking:

Automated Teller Machines (ATM)

Automated Teller Machines (ATM)

Point of Sales (PoS)

Point of Sales (PoS)

Electronic Data Interchange (EDI)

Electronic Data Interchange (EDI)

Overdraft

Overdraft

#3. A demand draft's validity period is:

One month

One month

Two Months

Two Months

Three months

Three months

Six Months

Six Months

#4. ____ refers to the user with a computer and a browser to login to a bank's website and conduct virtual banking functions and access any of the bank's services.

Retail banking

Retail banking

Internet banking

Internet banking

Wholesale Banking

Wholesale Banking

Branch Banking

Branch Banking

#5. Which bank category does IndusInd Bank belong to?

Private Sector Banks

Private Sector Banks

Public Sector Banks

Public Sector Banks

Cooperative Banks

Cooperative Banks

None of the above

None of the above

#6. Cheque is a form of E-Banking. State true or false.

True

True

False

False

#7. This type of cheque should only be deposited in the payee's account.

Bearer Cheque

Bearer Cheque

Crossed Cheque

Crossed Cheque

Both Crossed Cheque and Bearer Cheque

Both Crossed Cheque and Bearer Cheque

None of the above

None of the above

#8. Indemnity contract isn't relevant to life insurance contracts? State true or false.

True

True

False

False

#9. When money is deposited for a fixed period of time, it is referred as as

Savings deposit

Savings deposit

Recurring deposit

Recurring deposit

Current deposit

Current deposit

Fixed deposit

Fixed deposit

#10. Which of the following is an indemnity contract?

Marine Insurance

Marine Insurance

Fire Insurance

Fire Insurance

Life Insurance

Life Insurance

All the above

All the above

Finish