Quiz: !!BRAIN TEASER!!


!!BRAIN TEASER!!Online version Asses yourself on Business services by Addya 1 What is the primary role of business services? a To produce goods b To support core business activities c To sell products d To manage finances 2 Which of the following is an example of business support services? a Retailing b Agriculture c Manufacturing d IT services 3 Which of the following is not applicable in a life insurance contract? a Conditional contract b Indemnity contract c Memorandum of Association d None of the above 4 The validity period of a demand draft is _______ a One month b Two months c Three months d Four months 5 The interest rate in savings account is from a 4% to 5% b 5% to 7% c 4% to 7% d 4% to 6% 6 Which type of bank account has no fixed maturity? a Current A/C b Savings A/C c Fixed Deposits d Recurring Deposit 7 Which is the fastest method of transferring funds? a UPI b RTGS c USSD d NEFT 8 According to principle of __________ in insurance, the insurer undertakes to put the the insured, in the event of loss, in the same position that he occupied before the happening of the event insured against. a Subrogation b Utmost good faith c Indemnity d Proximate clause 9 The contract of Life insurance is a contract of a Trust b Strict indemnity c Lifetime security d Utmost good faith 10 Which insurance covers up the risks related to theft, loss or damage of goods while transportation by ship? a Freight Insurance b Marine insurance c Cargo insurance d Ship or hull insurance 11 Which type of insurance policy is useful to those who want regular income after a certain age? a Annuity policy b Life Insurance policy c Endowment life insurance policy d Fire insurance 12 Commercial banks are are an important institution of the economy for a Providing loans to customers b Accepting deposits c Safe transfer of money d Providing institutional credit to its customers 13 Which life policy matures after a certain period of time? a Endowment life insurance policy b Annuity policy c Whole life policy d Joint life policy 14 Which of the following is a necessary condition for fire insurance? a Fire should be the proximate cause of the accident b Fire should be intentional c People should mitigate the damage d It must have all essentials of a valid contract 15 The innovative payment service *99# works on a NEFT b USSD c BHIM d Micro ATM 16 Which of the following e-banking system is available only within India? a NEFT b UPI c AEPS d RTGS

1

What is the primary role of business services?

a

To produce goods

b

To support core business activities

c

To sell products

d

To manage finances

2

Which of the following is an example of business support services?

a

Retailing

b

Agriculture

c

Manufacturing

d

IT services

3

Which of the following is not applicable in a life insurance contract?

a

Conditional contract

b

Indemnity contract

c

Memorandum of Association

d

None of the above

4

The validity period of a demand draft is _______

a

One month

b

Two months

c

Three months

d

Four months

5

The interest rate in savings account is from

a

4% to 5%

b

5% to 7%

c

4% to 7%

d

4% to 6%

6

Which type of bank account has no fixed maturity?

a

Current A/C

b

Savings A/C

c

Fixed Deposits

d

Recurring Deposit

7

Which is the fastest method of transferring funds?

a

UPI

b

RTGS

c

USSD

d

NEFT

8

According to principle of __________ in insurance, the insurer undertakes to put the the insured, in the event of loss, in the same position that he occupied before the happening of the event insured against.

a

Subrogation

b

Utmost good faith

c

Indemnity

d

Proximate clause

9

The contract of Life insurance is a contract of

a

Trust

b

Strict indemnity

c

Lifetime security

d

Utmost good faith

10

Which insurance covers up the risks related to theft, loss or damage of goods while transportation by ship?

a

Freight Insurance

b

Marine insurance

c

Cargo insurance

d

Ship or hull insurance

11

Which type of insurance policy is useful to those who want regular income after a certain age?

a

Annuity policy

b

Life Insurance policy

c

Endowment life insurance policy

d

Fire insurance

12

Commercial banks are are an important institution of the economy for

a

Providing loans to customers

b

Accepting deposits

c

Safe transfer of money

d

Providing institutional credit to its customers

13

Which life policy matures after a certain period of time?

a

Endowment life insurance policy

b

Annuity policy

c

Whole life policy

d

Joint life policy

14

Which of the following is a necessary condition for fire insurance?

a

Fire should be the proximate cause of the accident

b

Fire should be intentional

c

People should mitigate the damage

d

It must have all essentials of a valid contract

15

The innovative payment service *99# works on

a

NEFT

b

USSD

c

BHIM

d

Micro ATM

16

Which of the following e-banking system is available only within India?

a

NEFT

b

UPI

c

AEPS

d

RTGS

You can integrate the game into an LMS compatible with LTI 1.1 or LTI 1.3 such as Canvas, Moodle, or Blackboard. This way, the scores will be automatically saved into the platform’s gradebook.

!!BRAIN TEASER!!

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!!BRAIN TEASER!!Online version

by Addya

What is the primary role of business services?

Which of the following is an example of business support services?

Which of the following is not applicable in a life insurance contract?

The validity period of a demand draft is _______

The interest rate in savings account is from

Which type of bank account has no fixed maturity?

Which is the fastest method of transferring funds?

According to principle of __________ in insurance, the insurer undertakes to put the the insured, in the event of loss, in the same position that he occupied before the happening of the event insured against.

The contract of Life insurance is a contract of

Which insurance covers up the risks related to theft, loss or damage of goods while transportation by ship?

Which type of insurance policy is useful to those who want regular income after a certain age?

Commercial banks are are an important institution of the economy for

Which life policy matures after a certain period of time?

Which of the following is a necessary condition for fire insurance?

The innovative payment service *99# works on

Which of the following e-banking system is available only within India?

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