Transportation and Warehousing Services

Q.

Why are the means of transportation and communication called the lifelines of a nation and its economy?

Q.

Explain warehousing and its functions.

Q.

Food Corporation of India, State Trading Corporation and Central Warehousing Corporation are examples of which warehousing.

1. Private Warehouses

2. Public Warehouses

3. Government Warehouses

4. Cooperative Warehouses

Q.

"The economic system of any country is largely dependent upon the efficiency of its transportation system." Do you agree?

Q.

A warehouse that is used for storage of goods by traders, manufacturers or any member of the public after the payment of a storage fee or charges.

1. Private Warehouse

2. Government Warehouse

3. Cooperative Warehouse

4. Public Warehouse

Q.

What is the advantage of private warehousing?

1. Flexibility

2. Continous

3. Rigid

4. None of the above

Q.

Is the following statement correct or incorrect :

Transportation is considered to be important for business since speed is of essence in any business transaction.

1. Correct

2. Incorrect

Q.

Explain any two business activities which are auxiliaries to trade.

Q.

It is a service having different kinds of modes i.e. rail, road, air and sea for the movement of goods and international carriage of passengers.

1. Communication

2. Insurance

3. Warehouse

4. Transportation

Q.

Describe briefly types of warehouses?

Q. This type of business service provider has been providing logistical services in a cost efficient manner identify and explain its types.

Q. Transportation comprises freight services together with supporting and auxiliary services by all modes of transportation.

1. True
2. False

Q. Choose the synonym of the underlined word.
He did his work reluctantly because he did not like the director.

1. slowly
2. unwillingly
3. inefficiently
4. unhesitatingly

Q.

bought stationery . is it an expense or asset?

Q. Warehousing enables businessmen and management of warehouses for the storage of goods.

1. False
2. True

Q. Warehousing services are considered to be important for business since speed is of the essence in any business transaction.

1. True
2. False