Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf Chapter No 20

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Principles of Commerce ICOM Part 01 Top 500 + MCQS Download Pdf
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Chapter # 20

Warehousing

Encircle the most appropriate answer from the following options

1 Types of warehouses are

  1. Six
  2. Seven
  3. Three
  4. Two

2. Public warehouses are the property of

  1. Govt
  2. Factories
  3. Different persons
  4. Private organizations

3 which warehouses are the private property of the business centers

  1. Government
  2. Private
  3. Bonded
  4. None

4 Warehousing for government is the source of:

  1. Income
  2. Debt
  3. Problem / tension       
  4. None of these

5 Private warehouses are owned by:

  1. Private individuals
  2. Business units
  3. Cooperation units
  4. None

6 Before selling, fruits are kept in:

  1. Home 
  2. Godown
  3. Factory           
  4. Office

7 By storing some items in the warehouses for a long period of time:

  1. Price increases
  2. Price remains stable
  3. Price decreases         
  4. Items perishable

8 Due to warehousing facility:

  1. Demand increases
  2. Supply increases
  3. There is control on supply
  4. There is control on demand

9 The receipt of public and bonded warehouses is use as:

  1. Security
  2. Business
  3. Liabilities
  4. None

10 Public and bonded warehouses are generally built near the:

  1. Ports
  2. Industries
  3. Markets
  4. Residential colonies

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