Business Support Services — Practice Quiz
Telangana Open School (TOSS) · Class 12 · Business Studies
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Quick Quiz: Business Support Services
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Which of the following is NOT a business support service?
What is the main function of banking in business?
Which service helps in the physical movement of goods from one place to another?
What does warehousing primarily provide?
Sample Questions
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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