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Question

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Mohan wants to remit Rs. 2 lakh. What options are open to him for remitting this amount ?

Solution

Mohan can remit the amount of Rs.2 lakh either through RTGS or through EFT or NEFT.

Some More Questions From Business Services Chapter

Define insurance.

Define life insurance.

What do you mean by Fire Insurance ?

What do you mean by Marine Insurance ?

Define communication.

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What do you mean by the term warehousing ?

What do you mean by Public Warehouse ?

What is meant by cold storage houses ?

Explain any three considerations which a business firm should take into account for choosing a suitable mode of transport.

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