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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?

Electronic funds transfer 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?

Insurance services Signup and view all the answers

What are the characteristics of services mentioned in the chapter?

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

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

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

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

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

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

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. 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?

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. Signup and view all the answers