Business Studies MCQ Class 11 Chapter 4: Check the below NCERT MCQ Questions for Business Studies MCQ Class 11 Chapter 4 with Answers Pdf free download. Business Studies MCQ Class 11 Chapter 4 Questions for Business Studies with Answers were prepared based on the latest exam pattern. We have provided Business Studies MCQ Class 11 Chapter 4 with Answers to help students understand the concept very well.

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Business Studies MCQ Class 11 Chapter 4

1. Which is the central Bank of India?
(a) Central Bank
(b) State Bank of India
(c) Bank of India
(d) Reserve Bank of India

2. The validity period of a demand draft is
(a) One month
(b) Two Months
(c) Three months
(d) Six Months

3. 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

4. CWC stands for_______.
(a) Central Water Commission
(b) Central Warehousing Commission
(c) Central Warehousing Corporation
(d) Central Water Corporation

5. Which of the following is not applicable in a life insurance contract?
(a) Conditional contract
(b) Unilateral contract
(c) Indemnity contract
(d) None of the above

6. DTH services are provided by
(a) Transport Company
(b) Banks
(c) Cellular Company
(d) None of these

7. Which of the following is a contract of Indemnity?
(a) Marine Insurance
(b) Fire Insurance
(c) Life Insurance
(d) All of the above

8. What is the full form of WWW?
(a) World Wide Width
(b) World Wide Work
(c) World Wild Web
(d) World Wide Web

9. CWC stands for_______.
(a) Central Water Commission
(b) Central Warehousing Commission
(c) Central Warehousing Corporation
(d) Central Water Corporation

10. Which is considered the cheapest means of transportation?
(a) Air
(b) Road
(c) Water
(d) Railway

11. Time utility is created by _____.
(a) Transportation
(b) Banking
(c) Warehousing
(d) Communication

12. The functions of commerce include _____.
(a) Acceptance of deposits
(b) Granting of loans
(c) Locker facility
(d) All of the above

13. ______ is not a type of general insurance.
(a) Marine Insurance
(b) Fidelity Insurance
(c) Fire Insurance
(d) Life Insurance

14. Time utility is created by
(a) Transportation
(b) Banking
(c) Warehousing
(d) Communication

15. The benefits of public warehousing includes_______.
(a) Control
(b) Flexibility
(c) Dealer relationship
(d) None of the above

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