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SAI INTERNATIONAL SCHOOL
CLASSS XI
SUBJECT: BUSINESS STUDIES
CHAPTER -4, Business Services
Home Assignment 16 Meaning of service, Types of services, nature of services, goods vs.
services, banking, types of banking
Multiple questions (1 mark each)
1. Services are _______ in nature.
(a) Tangible
(b) Separable
(c) Intangible
(d) All of the above
2. Which bank acts as Government banker?
(a) Central bank
(b) Commercial bank
(c) Cooperative bank
(d) None of the above
3. Which banks are dealing as foreign exchange banks, industrial banks,
development banks, export-import banks catering to specific needs of these
unique activities?
(a) Central Bank
(b) Specialized bank
(c) Cooperative bank
(d) All of the above
