English

Raman is a small trader who does not have his own warehouse. Which type of warehouse will help him store his goods economically?

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Question

Raman is a small trader who does not have his own warehouse. Which type of warehouse will help him store his goods economically?

Options

  • Private warehouse

  • Public warehouse

  • Bonded warehouse

  • Cold storage

MCQ
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Solution

Public warehouse

Explanation:

Public warehouses allow small traders to rent storage space at low cost instead of investing in a private facility. Shared handling, security and services reduce capital and operating expenses, making storage economical for small businessmen.

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Chapter 13: Logistics and Insurance - EXERCISES [Page 249]

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Goyal Brothers Prakashan Commercial Studies [English] Class 10 ICSE
Chapter 13 Logistics and Insurance
EXERCISES | Q 49. | Page 249
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