1. Overdraft facility is given to ___________
(Savings account, Current account, Fixed account)
2. The account suitable for creating saving habit is
____________
(Current account, Recurring deposit account, Saving account)
3. The is no limit on the frequency of withdrawals from a
_____________
(Saving account, Fixed account, Current
account)
4. Principle of utmost good faith is applicable to ______________
(Life Insurance, Marine
Insurance, All types of insurance)
5. Principle of indemnity is not applicable to ____________
(Life insurance, Fire
insurance, marine insurance)
6. Insurable interest must exist in _________________
(Life insurance contract only,
Marine insurance contract only, Every insurance contract)
7. Bonded warehouses are located at ___________________
(Railway station, Villages, Ports)
8. Perishable goods are stored in ________________
(Bonded warehouses, Duty paid warehouses, Cold storage warehouses)
9. Postal services are administered by _________
(Private companies, Government
of India,
Panchayat)
10. In case of urgency and to avoid delays __________ is
sent.
(Registered post, Speed post, Insured post)
11. In India railways are owned and managed by
_______________
(Private companies, Government,
Individuals)
12. Door to Door service is offered by _______________
(Rail transport, Road transport, Air transport)
13. The costliest means of transport is _______________
(Rail transport, Water Transport, Air
Transport)
14. Road transport is suitable for ________________
(Short, Long, Medium)
