Sources of Business Finance — OCM STD 11 Commerce — Question

Give the list / chart of types of retail trade.

Give information about BRTS service in big cities .

Write short note on call money.

Give the name of tools required for successful implementation of E-commerce.

“It is social responsibility of business to provide proper product to customers at right time and at fair price” - Explain.

“ Insurance does no remove risk, but it compensates for the loss resulting from the risk “ – Justify the statement.

XYZ Bank has adapted to the evolving demands of its customers by offering a range of subsidiary functions beyond its core banking operations. Recognizing the need for efficiency and convenience, the bank facilitates various financial transactions for its account holders. It manages cheque payments and collections on behalf of customers, allowing seamless payments for utilities and services like electricity and insurance. In the realm of foreign trade, XYZ Bank handles currency transactions and provides vital support through letters of credit, ensuring reliability and smooth financial dealings. The bank also issues traveller's cheques, aiding customers during their travels, and offers demand drafts for secure money transfers.Additionally, XYZ Bank acts as an underwriter for new companies seeking to raise capital, earning commissions while helping businesses thrive. By providing solvency certificates and a host of modern services such as ATMs and debit cards, XYZ Bank continually enhances customer satisfaction, saving them time and effort in their financial dealings.
(1) What subsidiary functions does XYZ Bank offer to its customers?
(2) How does XYZ Bank facilitate financial transactions for its account holders?
(3) What role does the bank play in currency transactions related to foreign trade?

Each Partner is an agent of other partner – Explain this statement.

Write short note on : Super Market

“ Bonded warehouse are a blessing for re – export”. – Explain.