Business Services

This is correct. All the statements are correct.

This is the correct answer because this option is incorrect. Services are inconsistent. They have to be performed exclusively each and every time.

This is the correct answer. All these services are business services.

This is the correct option as all these are private sector banks. These are owned, managed and controlled by private promoters, and are free to operate as per market forces.

This is the correct answer. The central bank of a country supervises controls and regulates the activities of all commercial banks of that country. It also acts as the government banker. It controls the credit and currency policies of the country. Reserve Bank of India is the Central Bank of India.

This is the correct answer. Cooperative banks are governed by the provisions of State Cooperative Societies Act and are meant essentially for providing cheap credit to their members. They are an important source of rural credit and agricultural financing in India.

This is the correct answer. These are foreign exchange banks, development banks or export-import banks catering to unique and specific needs of these unique activities. These banks provide financial aid to industries, heavy turnkey projects and foreign trade.

Central banks perform this activity along with the decisions on credit policies, and controlling and coordinating currency. Thus, this is the correct answer.

This is the correct answer. IRDA started granting licenses to private players in Insurance sector and it has seen considerable expansion since then.

This is the correct answer. Subrogation is the right of the insurer to stand in the stead of the insured, after the settlement of the claim, as far as the right of insured in respect of recovery from an alternative source is involved. 

This is the correct answer, as all these are e-banking services. Electronic Funds Transfer, Automated Teller Machines, Electronic Data Interchange, Point of Sales, and Credit cards are e-banking services.

No, life insurance is not based on the principal of indemnity. The sum assured is either paid on the happening of a certain event or on maturity of the policy.

 Collision with rock is also considered a peril against which the ship can be insured.

This is the correct answer as all the statements are correct about fire insurance.

This is the correct choice. Under this policy the assured sum or policy money is payable after the assured attains a certain age in installments, such as monthly, quarterly, annual, etc. The premium is paid in installments over a certain period or single premium may be paid by the assured. This is useful to those who prefer a regular income after a certain age.

This is the correct answer. Bonded warehouses are licensed to accept imported goods prior to payment of tax and customs duty. These are goods that are not permitted to eave the docks or airport till customs duty is paid.

This is the correct answer. The postal department provides National Saving Certificates, PPF and Kisan Vikas Patra as a financial service.

This is the correct answer. Direct to Home is a satellite based media service provided by the cellular companies.

This is not a principal of insurance. Insurance cannot be consolidated. Thus, this is the correct answer.

No, warehousing cannot mitigate the risks.