Question:
What is e-banking? What are the advantages of e-banking?
Answer:
E-banking is a service provided by many banks, in which a customer is allowed to conduct banking transactions through internet. It includes ATMs, credit cards, debit cards, mobile banking and internet banking.
Advantages of e-banking
- To Banks
- It provides competitive advantage to a bank.
- Load on different branches gets considerably reduced due to centralised data base.
- Banking network is no more limited to the number of branches. It expands far and wide due to facility of internet banking.
- To Customers
- It provides 24 hours, 365 days a year service to the consumers.
- It can be used at any place and at any time even while travelling.
- It reduces risk and ensures greater security.
- It increases financial discipline by keeping record of each and every transaction.
- Availability of banking facility at any time and anywhere increases satisfaction of the consumers.
Business Services
Q 1.
Explain the functions of commercial banks with an example of each.
Q 2.
What are different types of warehouses?
Q 3.
Explain different types of life insurance policies.
Q 4.
Write a short note on Indian insurance sector.
Q 5.
Explain the functions of e-banking.
Q 6.
What do you mean by mode of transport? Name different modes of transport.
Q 7.
Explain warehousing and its functions.
Q 8.
There are three types of services: Business Services, Social Services and Personal Services. Which of the services in your opinion are of utmost importance and why?
Q 9.
Define services and goods.
Q 10.
A person took an insurance policy and did not disclose that he is a patient of cancer. Which value is missing in this case?
Q 11.
Explain briefly the principles of insurance with suitable examples.
Q 12.
Explain in detail the warehousing services.
Q 13.
What is e-banking? What are the advantages of e-banking?
Q 14.
Write short notes on different types of marine insurance.
Q 15.
What are services? Explain their distinct characteristics.
Q 16.
A person gets his stock of goods insured, but he hides the fact that the electricity board has issued him statutory warning letter to get his factory's wiring changed later on, the factory catches fire due to short circuit. Can he claim compensation? State the name of "Principle".
Q 17.
Write a short note on GATS.
Q 18.
Write a note on various telecom services available for enhancing business.
Q 19.
Manju obtained a life insurance policy of her husband. After 5 years, she divorced her husband. After one year of divorce, her husband died in a car accident. Can she claim the amount of policy from the insurance company?
Q 20.
Anju has taken a loan from Avi against the security of his factory. Can Avi take a fire insurance policy of that factory?
Q 21.
Describe various types of insurance and exercise the nature of risks protected by each type of insurance.
Q 22.
What is the difference between goods and services?
Q 23.
Write a detailed note on various facilities offered by Indian Postal Department.
Q 24.
What is the difference between life, fire and marine insurance?
