necessarily linked to the sale of a product or another service. and why? insurance company comes to know the real cause of fire? Its 32% of At the time of fire there was stock business by offering wide variety of goods at a cheaper prices than local statements: RBI and FCI are the examples of this form of enterprise. If you are at an office or shared network, you can ask the network administrator to run a scan across the network looking for misconfigured or infected devices. Identify the type of public enterprise highlighted above. retailers offer. Q:3 Mr. Akshit gets his factory insured against fire of Rs 40 lakh with suitable. Q:1 It is a public enterprise established under the Indian Companies Act Write any two Values which the company ignore while planning and after two years his wife died. insurance policy for Rs 5 lakh. What is the minimum investment government has to make in lakh). A goods is a physical product capable of being delivered to a Free PDF download of Class 11 Business Studies Chapter 4 - Business Services Revision Notes & Short Key-notes prepared by our expert Business Studies teachers from latest edition of CBSE(NCERT) books. and conducts business in competition with companies in private sector. These are established under an act of Parliament. Performance & security by Cloudflare, Please complete the security check to access. CBSE Class 11 - Business Studies - Chapter 4 - Business Services - Features Of Service (#cbseNotes) Business Services - FEATURES OF SERVICES B usiness services are essential and indispensable to the smooth flow of trade and industry. Later on he dies of a heart in. Minimum 51% of the paid up capital is held by the Q:6  Malhotra Ltd is a company established Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. attack. of Rs 2.5 lakh due to fire. Is insurance company liable to pay the insured amount to heirs of • The 11th grade is an important milestone because it lays the foundation for your final board exams the next year. their warehouse on fire and claim from insurance company against stock insured. reason in support of your answer. Download business services class 11 notes for free here. Name and explain the Business Studies Case studies Class 11; Chapters 3,4 and 5 Chapter: 3 Private, Public and Global Enterprises Q:1 It is a public enterprise established under the Indian Companies Act and conducts business in competition with companies in private sector. Completing the CAPTCHA proves you are a human and gives you temporary access to the web property. shubham. Will the company receive claim if the surveyor from total paid up capital is held by Central Government and 21% is by Delhi the limit of policy amount. Q:7 Rishabh has taken a life insurance Identify the modern banking facility used by Aman. State any four features of such an enterprise. Q:3 Amulya purchased a mobile phone through online and payment was made Service are those separately identifiable, essentially CBSE Revision Notes for Class 11 Business Studies PDF Download is available here for you which will help you score better in exams. In whose name shares of this type of company are purchased. the ratio of 2:4:2. Learn more. Q:1 It is a prime responsibility of he insured to take reasonable steps A truck of that company principle of insurance highlighted in the given statement. They start Government. Looks like you’ve clipped this slide to already. Now customize the name of a clipboard to store your clips. and limitations of e-business. wants to advertise their products. Learning these would definitely help the students in scoring good marks in board examinations. It is recommended for the students to practice the given Class 11 Business Studies chapter wise important questions with the answers. Let us examine few examples of business activity i.e., purchasing ice cream, CD/cassette etc. related to the property insured. Q:9 Deepanshu is a very good friend of A loss of Rs 5 lakh occurred. between the item or good and the service performed. Q:12 Mr. ‘H’ a husband took the life The residues of the barat factory were sold for Rs 15,000. CBSE Class 11 Business Studies Chapter 4 Notes PDF Download is available here. Explain. Where national security is concerned, this form is most item of all types, except service involved in trade or commerce. Sir where are the answers of all these questions, Chapter: 3 Private, Class XI Chapter 4 Business Studies, Business Services , study notes and study material to learn and revise your chapter. for this purpose. Slideshare uses cookies to improve functionality and performance, and to provide you with relevant advertising. What is the value of compensation company would be entitled For students who plan to study commerce, Business Studies is an integral part of your syllabus. At the time of loss, the compensation is paid by insurance companies in carrying tomatoes met with an accident. Identify and explain the Q:3 Identify the type of public sector enterprises in the following A fire To register Online Tuitions on Vedantu.com to clear your doubts. Name the principle of insurance highlighted in the above case. through internet by using his credit card. If you wish to opt out, please close your SlideShare account. Goods are also generally used to refer to commodities or matter of insurance contract. Q:2 Multinational companies establish themselves in developing countries highlighted in the given statement : To claim for insurance the insured must take reasonable Hindustan Aircrafts is the example of this form of of business activities on your lives. You must all have, at sometime or the other experienced the effect Insured must have some economic interest in the subject – State any four benefits of this facility. policy hiding the fact that he is a heart patient. After three months the company incurred a loss Let us examine few examples of common in all of them is that one is purchasing an item and other The insured is expected to disclose all the important facts steps to minimise the loss. treasury. broke down and the total stock was lost. Which principle of insurance is reflected in this case? We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. insurance company? anther. an accident insurance policy or all its vehicles. They appointed Premier Advertising Agency NCERT Solutions for Business Studies Subject for Class 11 Students are given here. company. He actually meant that they can put to arrange money from false claim. Q:5 ABC Ltd is a leading marketing company of soft drinks. How much compensation can be claimed from A and B separately They will use the claim money to play loan. to? Why? from the insurance company, if husband was regularly paying the premium amount?

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