Q. What do you mean by goods?
Q. What do you mean by services?
Q. What are the five 'I's of services?
Q. Explain the difference between goods and services.
Q. What is banking?
Q. What is meant by insurance?
Q. Explain the two main functions of banking.
Q. Explain the different types of warehouses.
Q. Name different types of banks.
Q. Name the types of insurance.
Q. What is meant by fire insurance?
Q. What is meant by principle of indemnity?
Q. What is meant by bonded warehouse?
Q. Name two companies that offer DTH services in our country.
Q. When should insurable interest be present in marine insurance?
Q. When should insurable interest be present in fire insurance?
Q. Is the principle of Indemnity applicable to Life Insurance? Explain with reason.
Q. Define a marine insurance contract.
Q. Mention two types of marine insurance contract.
Q. Briefly explain the various types life insurance policies.
Q. Explain the principles of insurance.
Q. Explain the different types of Life Insurance Policies.
Q. How can business services be classified?
Q. What is the role of insurance in business?
Q. What are the various functions of banking?
Q. Explain the different types of postal services provided in India.
Q. What are the various functions of warehousing?
Q. How are modern instruments of communication superior than postal system of communication?
Q. Give any three modes of communication.
Q. Distinguish between 'insurance' and 'assurance'.
Q. Write a note on Transportation as a business service.
Q. What do you mean by business communication?
Q. Describe the various types of marine insurance contract?
Q. List the benefits of e-banking to banks.
Q. List the benefits of e-banking to customers.
Q. What are the popular types of life insurance policies?
Q. Explain the main elements of life insurance contract.
Q. Explain the main elements of marine insurance contract.
Q. Name the type of insurance where in insurable interest need not exist when the policy in taken.
Q. What insurable interest be present in these cases: (1) Life Insurance (2) Fire Insurance (3) Marine Insurance.
Q. Explain the meaning of Bank Overdraft.
Q. Name the accounts generally opened in the Bank.
Q. Write about Multiple option Deposit Account.
Q. Why is Life insurance said to be mechanism of protection and investment?
Q. Write notes on RTGS system and NEFT.
Q. Explain the meaning and purpose of marine insurance.
Q. Explain the various types of insurances.
Q. ‘Insurance is a contract of good faith‘, Discuss.
Q. Classify the service facilities.
Q. “Fire insurance is a contract of indemnity and good faith.” Explain.
Q. Discuss the various types of banks in India.
Q. Write the main functions of RBI.
Learning Games and Activities in Business Studies – Class 11
Check Your Understanding
Business Services Quiz