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Asked/Added Questions From NCERT: Business Study


Question 1. Asked on :24 August 2019:07:48:52 PM

List five names of private and public sector banks?

-Added by nisha sheikh Business Study » Ch4

Answer:

Master Purushottam

Public sector banks:

1. Bank of India

2. Canara Bank

3. Dena Bank

4. UCO Bank

5. Indian Bank

Private sector banks:

1. Axis Bank

2. HDFC Bank

3. ICICI Bank

4. DCB Bank 

5. Yes Bank

-Answered by Master Purushottam On 24 August 2019:08:10:32 PM


Question 2. Asked on :24 August 2019:07:46:59 PM

 Write the full form of NEFT ?

-Added by nisha sheikh Business Study » Ch4

Answer:

Himanshi Verma

 National electric fund transfer.

-Answered by Himanshi Verma On 24 August 2019:07:56:29 PM


Question 3. Asked on :24 August 2019:07:46:11 PM

 Write the features of NEFT?

-Added by nisha sheikh Business Study » Ch4

Answer:

Akki chauhan

 National electronic funds transfer. 

-Answered by Akki chauhan On 24 August 2019:07:54:49 PM


Question 4. Asked on :24 August 2019:07:44:49 PM

 What is Credit Card?

-Added by nisha sheikh Business Study » Ch4

Answer:

Master Purushottam
It refers to a plastic card that allows the bank to take money from the customer's account and transfer it to a seller's account.

-Answered by Master Purushottam On 24 August 2019:08:01:47 PM


Question 5. Asked on :24 August 2019:07:44:08 PM

 What is Debit Card?

-Added by nisha sheikh Business Study » Ch4

Answer:

Master Purushottam
 A card allowing the holder to transfer money electronically from their bank account for making purchase this is called debit card

-Answered by Master Purushottam On 24 August 2019:08:02:05 PM


Question 6. Asked on :24 August 2019:07:43:20 PM

 Write the advantages of Electronic Fund Transfer?

-Added by nisha sheikh Business Study » Ch4

Answer:

Master Purushottam
Benefits of EFT
  • It helps individuals and organizations to save on costs such as printing checks as well as the time to deliver or collect checks and deposit them in the banks for processing.
  • The money moves to the recipients account much faster since there is no manual moving of checks from one bank to the other.

-Answered by Master Purushottam On 24 August 2019:08:11:15 PM


Question 7. Asked on :24 August 2019:07:41:48 PM

 Write the full form of EFT?

-Added by nisha sheikh Business Study » Ch4

Answer:

Harshita Rathore

 electric fund transfer

-Answered by Harshita Rathore On 25 August 2019:08:53:36 AM


Question 8. Asked on :24 August 2019:07:40:44 PM

 What is Automated Teller Machine (ATM )?

-Added by nisha sheikh Business Study » Ch4

Answer:

Harshita Rathore

 It is a teller machine which help people to get saved cash any time.

-Answered by Harshita Rathore On 25 August 2019:08:54:03 AM


Question 9. Asked on :24 August 2019:07:40:01 PM

 What is Electronic Fund Transfer?

-Added by nisha sheikh Business Study » Ch4

Answer:

nisha sheikh

 It refers to the computerised system for performing financial transactions.

-Answered by nisha sheikh On 24 August 2019:08:06:20 PM


Question 10. Asked on :24 August 2019:07:38:06 PM

 Write the features of Banker"s Cheque or pay order?

-Added by nisha sheikh Business Study » Ch4

Answer:

Harshita Rathore

 What are Features of Cheques.

  • Cheque is an instrument in writing. ...
  • Cheque contains an unconditional order. ...
  • Cheque is drawn by a customer on his bank. ...
  • Cheque must be signed by customer. ...
  • Cheque must be payable on demand. ...
  • Cheque must mention exact amount to be paid. ...
  • Payee must be certain to whom payment is made. ...
  • Cheque must be duly dated by customer of bank.

-Answered by Harshita Rathore On 25 August 2019:09:12:22 AM


Question 11. Asked on :24 August 2019:07:32:29 PM

 Write the features of a bank draft?

-Added by nisha sheikh Business Study » Ch4

Answer:

Master Purushottam

1. Through bank draft money can be remitted from one place to another 

2. The issuing bank charges some commission for it.

3. It is less risky for the creditor as it has no danger of being dishonoured.

-Answered by Master Purushottam On 24 August 2019:08:02:38 PM


Question 12. Asked on :19 August 2019:03:09:27 PM

 Write the full form of NABARD.

-Added by nisha sheikh Business Study » CH-4

Answer:

Master Purushottam

 national bank of agriculture and rural development

-Answered by Master Purushottam On 19 August 2019:04:00:33 PM


Question 13. Asked on :19 August 2019:03:07:07 PM

 What is the full form of EXIM Bank.

-Added by nisha sheikh Business Study » CH-4

Answer:

Master Purushottam

 Export import bank of india

-Answered by Master Purushottam On 19 August 2019:04:02:14 PM


Question 14. Asked on :19 August 2019:03:05:08 PM

 Define Business Risk.

-Added by nisha sheikh Business Study » CH-1

Answer:

Master Purushottam

 business risk is the exposure a company or organisation has to factor(s) that will lower its profit or lead it to fail anything that threatens a company's ability to meet its target or archive its financial goals is called business risk

-Answered by Master Purushottam On 19 August 2019:04:02:39 PM


Question 15. Asked on :19 August 2019:03:01:35 PM

 Differences among Business, Profession and Employment?

-Added by nisha sheikh Business Study » Ch-1

Answer:

Akki chauhan

 Business, profession and employment do for earning money. 

-Answered by Akki chauhan On 24 August 2019:02:59:00 PM


Question 16. Asked on :18 August 2019:02:18:23 PM

 why is business considered an economic activity?

-Added by nisha sheikh Business Study » Evolution And Fundamentals Of Business

Answer:

Harshita Rathore

 Economic.

-Answered by Harshita Rathore On 24 August 2019:02:55:51 PM


 

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