Froggy Jumps
This is a game regarding the topic of business services.
1
It is to ________ the impact of uncertainties that there is a need for insurance.
2
Insurance is a/an ________.
3
Personal services are those services which are experienced _________ by different people.
4
Failure to make disclosure of material facts by the insured makes the contract of insurance ________.
5
Insurance principle of Mitigation is ________.
6
Life insurance contract is a contract of ________.
7
________ is the life insurance policy in which the insurer undertakes to pay a specified sum when the insured attains a specific age or on his death whichever is earlier.
8
Elements of Marine Insurance are_________.
9
Elements of Fire Insurance are________.
10
Person X issues a cheque in the name of Y and hands it to him. On his way home Y loses the cheque. Z finds the cheque and deposits it in his account receiving the benefit. The cheque issued by X in the above case is...
11
Account A offers higher interest rate to the account holder than account B. Account C offers higher interest rate than B but less than A. Identify the types of accounts...
12
Identify a private sector bank-
13
Features:
1. range of months account is opened for varies from 6-12 months
2. interest rate varies from bank to bank
3. passbook is issued
4. premature withdrawal allowed, some amount taken as penalty
Identify the type of bank account-
14
X has a multi option deposit account. His savings account currently has a balance of 75,000. He issues a cheque to Y for 1,00,000.
Will the cheque get dishonoured on depositing?
15
Bank overdraft facility is provided to which account?
16
The most convenient and inexpensive medium of exchange and the most developed credit instrument is...
17
X deals in edible items. He has life insurance and fire insurance. After manufacturing he keeps the goods in godown for some time. One day his goods got destroyed due to rain. Can he claim the insurance money due to loss of goods?
18
Cargo Insurance is taken against the ...
19
Banking Regulation Act
20
Identify the option for which the following statement is not true:
There has been a major shift in banking policy of the country from ________ to ________.
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