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4) ................. policy covers all types of risks of a vessel while it is anchored at the port for a
particular period oftime.

a) Port risk b) Voyage c) Floating

5) Principle of ................. is not applicable to life insurance.
a) insurable interest b) utmost good faith c) indemnity

(B) Match the pairs.

Group A Group B
A) Air Transport 1) Time utility
B) Warehousing 2) Intangible in nature
C) Money remittance 3) Fastest mode of transport
D) Pipeline Transport 4) April,2019

E) Business Service 5) Western Union Money Transfer
6) Fixed deposit account
7) Petroleum and gas
8) Tangible
9) Place utility

10) Savings account

(C) Give one word/phrase/term for the following sentence.
1) These warehouses are owned, managed and controlled by central and state governments or
public authorities.
2) An art of exchanging ideas, facts, information etc. from one person or entity to another.
3) A rail system in which the track consists of a single rail or a beam.

4) A transport system used to carry petroleum and gases.
5) A ministry who looks after development of surface transport throughout country.

(D) State whether following statements are true or false.
1) Business services are important for the growth of business .
2) Current Account is opened by salaried persons.
3) NEFT stands for National Electric Fund Transfer.
4) Air transport is cheapest mode of transport.
5) The Internet is the global system of interconnected computer networks that use the internet
protocol suite to link devices worldwide.

(E) Find the odd one.
1) Primary credit co-operative society, state co-operative bank, district co-operative bank, ex-
change bank .
2) NABARD, RBI, SIDBI, EXIM.
3) Direct mail, Logistics post, Business post, Parcel

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