Warehousing

1.     Central warehousing corporation was established in ______.

• 1952

• 1959

• 1957

• 1932

2.    Warehouse undertakes the functions______.

• Storage

• Buying

• Transportation

• Selling

3. The delivery order is to be accompanied by the __________.

• Warehouse Warrant

• Dock Warrant

• Dock Receipt

• Warehouse Receipts.

4.     What is the Primary Objective of warehousing?

• To increase demand

• To ensure a regular supply of goods

• To reduce production

• To increase prices 

5.     A warehouse owned and operated by private companies is called________.

• Government warehouse

• Cooperative warehouse.

• Private warehouse 

• Public warehouse

6.     ________ warehouses are used for storing perishable goods like fruits, vegetables etc.

• Private

• Public

• Co-operative

• Cold storage

7.  Warehouse reduces business risks through____________.

• Insurance and security

• Eliminating      

• Grading goods

• Marketing

8.     Warehousing helps in ______________.

• Reducing demand      

• Reducing demand

• Seasonal goods availability

• Eliminating middlemen

9.     Warehouse reduces business risks through____________.

• Marketing

• Grading goods

• Eliminating          

• Insurance and security

10.  When was the Food Corporation of India(FCI) established?

• 1964

• 1959

• 1956

• 1957