MP Board · Class 11 · Business Studies · Business ServicesWhich of the following is not a type of business service?
Step-by-Step Solution
Manufacturing is not a type of business service; it falls under industry or production of goods, whereas banking, warehousing, and insurance are core business services that facilitate commerce.
Detailed Options Breakdown
Option : Banking
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business Services.
Option 1: Manufacturing (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Warehousing
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business Services.
Option 3: Insurance
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business Services.
💡 Study Guide: This question tests core syllabus concepts from Business Services. For formulas, key summaries, and mock exam reference guides, read the full Business Services Revision Notes.