HSC Commerce (English Medium) 12th Standard Board Exam - Maharashtra State Board Important Questions

Post offices provide money remittance services.

The type of commercial organisation established for providing services to its members.

Select the proper option from the options given below and rewrite the completed sentence.
Perishable goods are stored in ________.

Distinguish between the following:

Current account & Savings account

Explain the types of Life Insurance Policies?

______ creates time utility.

The principle of ______ is not applicable to life insurance.

Find the odd one.

_________ banking refers to the use of banking services with the help of mobile phones.

Correct the underlined word and rewrite the following sentence.

Overdraft facility is available for savings bank account holders.

Correct the underlined word and rewrite the following sentence.

Insurance helps to maximize the risks in the business.

Arrange in proper order.

Claim, Accident, Taking the policy, Compensation

Explain the following term/concept.

Warehousing

Study the following case/situation and express your opinion.

1. Suggest him a policy which can satisfy the requirements of his children.
2. Who are beneficiaries of policy?
3. In the above case which principle is involved?

Mr. Amit is a businessman. He has his own factories in Pune and Nashik. He lives in Pune with his wife and 2 daughters aged 5 and 8 years.

1. Can Mr. Amit take a life insurance policy for his wife and 2 children?
2. Can Mr. Amit take a marine insurance policy for his factories?
3. Which type of insurance should Mr. Amit take for protecting his factories from loss due to fire?

Distinguish between.

Duty Paid Warehouse and Bonded Warehouse

Distinguish between.

Central Bank and Commercial Bank

Distinguish between Life Insurance and Marine Insurance. 

State any four features of business services.

Justify the following statement.

Principle of subrogation is applicable to all contracts of indemnity.