English

Identify the type of service shown in the image.

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Question

Identify the type of service shown in the image.

Options

  • Professional Services

  • Personal Services

  • Public Utility Services

  • Commercial Services

MCQ
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Solution

Commercial Services

Explanation:

Banks provide financial services to customers for profit, such as accepting deposits, making loans, and offering payment and investment services. These market-oriented, revenue-generating activities are business services and thus classified as commercial services.

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Chapter 2: Marketing and Sales - EXERCISES [Page 25]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 2 Marketing and Sales
EXERCISES | Q 36. | Page 25
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