Question

Write True or False
1. E-banking provides communication services through internet
2. Load on branches of the banks can be reduced by e-banking
3. "Kisan Vikas Patra" is a saving scheme provided by Indian Post and
Telegraph Department
4. The Radio paging services are to way communication service.
5. Life insurance is not based on the principle of indemnity,
6. Services are intangible in nature,
7. Foreign exchange bank is a type of specialized bank,
8. Buying and selling of shares and debentures on instructions is a service
provided by Central Bank
9. Crossed Cheques are to be deposited only in the payees account.
10. Savings account deposits can be withdrawn to the extent of the balance at
any time without any prior notice,
11. Principle of Utmost Good Faith is not applicable in Life Insurance,
12. Marine Insurance does not have any surrender value or paid up value.
13. Ship, cargo and freight are important elements of Fire Insurance.
14. VSAT offers a highly flexible and reliable communication in business and
government agencies.
15. A trustee has insurable interest in the property held on behalf of others.
16. Fire insurance is a contract of indemnity.
17 Principles of insurance means that the parties to an insurance contract must
be truthful in the declaration they make.
18) The subject matter of a Marine Insurance is Intangible assets.
19) Life insurance contract has an element of uncertainty
20) DTH reduces the dependency on the services provided by the service
provider​

Answer 1

Answer:

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