Business Services Understanding Quiz

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Questions and Answers

What type of services are used for the transportation of petrol and diesel from oil refineries to petrol pumps?

  • Logistics services
  • Supply chain services
  • Distribution services
  • Transport services (correct)

How do petrol pump owners communicate with customers, banks, and depots for the availability of their requirements?

  • Telegraph and fax services
  • Internet and social media platforms
  • Postal, mail, and telephone facilities (communication services) (correct)
  • Courier services

Where are petrol and diesel stored before being distributed to petrol pumps?

  • Government warehouses
  • Petrol pump storage units
  • Various depots of oil companies (warehousing services) (correct)
  • Private storage facilities

What concept is used to describe the process of e-banking mentioned in the chapter?

<p>Electronic funds transfer (C)</p> Signup and view all the answers

What type of business service involves the safeguarding from various risks associated with a business like a petrol pump?

<p>Insurance services (C)</p> Signup and view all the answers

What are the characteristics of services mentioned in the chapter?

<p>The characteristics of services are not explicitly mentioned in the provided text.</p> Signup and view all the answers

How can different types of insurance policies be classified based on the text?

<p>The classification of different types of insurance policies is not explicitly mentioned in the provided text.</p> Signup and view all the answers

What are the different types of warehouses described in the chapter?

<p>The different types of warehouses are not explicitly mentioned in the provided text.</p> Signup and view all the answers

How does a petrol pump owner in a village obtain petrol and diesel for their business?

<p>A petrol pump owner in a village obtains petrol and diesel from oil refineries through transportation services such as train and tankers, as mentioned in the text.</p> Signup and view all the answers

What facilities do petrol pump owners use to be in touch with customers, banks, and depots for the availability of their requirements?

<p>Petrol pump owners use postal, mail, and telephone facilities to be in touch with customers, banks, and depots for the availability of their requirements, as mentioned in the text.</p> Signup and view all the answers

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