Business Support Services — Important Questions
Telangana Open School (TOSS) · Class 12 · Business Studies
41 important questions from Business Support Services for Telangana Open School (TOSS) Class 12 Business Studies, with answers.
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Important Questions from Business Support Services
Which of the following is a function of communication in business?
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Exchanging information
Communication facilitates the exchange of ideas, information, and messages between businesses and customers.
Which bank acts as the apex bank in India?
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Reserve Bank of India
The Reserve Bank of India (RBI) is the central bank and apex financial authority in India.
Which type of account does not earn interest?
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Current Account
Current accounts are meant for frequent transactions and do not earn interest, unlike savings or fixed deposits.
What is the main purpose of insurance in business?
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To protect against financial loss
Insurance compensates for losses due to risks like fire, theft, or accidents, providing financial security.
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Content is aligned to the official syllabus. Refer to the board website for the latest curriculum.
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