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State with Reasons Whether the Following Statement is True Or False. Water Transport is the Costliest Means of Transport Available. - Organisation of Commerce and Management

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Question

State with Reasons whether the following statement is TRUE or FALSE.

Water transport is the costliest means of transport available.

Options

  • True

  • False 

MCQ
True or False
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Solution

Water transport is the costliest means of transport- False
Explanation:
Water transport is the most economical mode of transport when it comes to transporting bulky goods and air transport on the other hand is the costliest mode of transport.

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Role of Transport
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Chapter 2: Business Services - True or False [Page 85]
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