Business Services
In the NCERT Business Studies textbook for Class 11, Chapter 4 Business Services, you learn about activities that support trade such as banking, insurance, communication, transportation and warehousing. The chapter explains the nature and types of services, the functions of banks, different types of bank accounts, and digital payment methods. It describes principles and types of insurance including life, fire and marine, and shows how transport, warehousing and communication remove barriers of place, time and information in business.
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