1st Year Principles of Commerce Chapter 20 TestWarehousing

Q1. Multiple choice questions (Attempt all · 10 × 1 = 10)

1. Warehousing is a source of ...... for govt:

   1. Income

   2. Problem

   3. Loan

   4. None

2. Public warehouses are the property of:

   1. Government

   2. Different persons

   3. Factories

   4. Private organizations

3. Warehouses for government is the source of:

   1. Income

   2. Problem

   3. Debt

   4. None of these

4. Due to warehouses facility:

   1. Demand increases

   2. There is control on supply

   3. Supply increases

   4. There is control on demand

5. Warehouses which are private property of business insitutions:

   1. Government

   2. Private

   3. Bonded

   4. None of these

6. Private warehouses are owned by:

   1. Business units

   2. Private individuals

   3. Corporation units

   4. None of these

7. Bounded warehouses are normally built near to:

   1. Ports

   2. Market

   3. Industries

   4. Housing colonies

8. The receipt of public and bonded warehouses is used as:

   1. Security

   2. Business

   3. Liability

   4. None of the above

9. Before selling, fruits are kept in:

   1. Housed

   2. Factory

   3. Godown

   4. Office

10. Which warehouses are the private property of business centers?

    1. Government

    2. Private

    3. Bonded

    4. None of these