हिंदी

An entrepreneur faces financial losses due to a natural disaster that damages their inventory. Which auxiliary to trade could have mitigated this loss? - Commercial Applications

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प्रश्न

An entrepreneur faces financial losses due to a natural disaster that damages their inventory. Which auxiliary to trade could have mitigated this loss?

विकल्प

  • Transportation

  • Warehousing

  • Insurance

  • Banking

MCQ
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उत्तर

Insurance

Explanation:

Insurance would have mitigated the financial loss caused by the natural disaster. By taking out an insurance policy, the entrepreneur could have protected their inventory and other assets against unforeseen events such as natural disasters. Insurance provides financial compensation in such cases, helping to recover from the damage. The other options (transportation, warehousing, and banking) do not directly address the loss caused by the disaster.

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अध्याय 1: Introduction to Commercial Organisations - EXERCISES [पृष्ठ १९]

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सी. बी. गुप्ता Commercial Applications [English] Class 9 ICSE
अध्याय 1 Introduction to Commercial Organisations
EXERCISES | Q I. 24. | पृष्ठ १९
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