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State with Reasons Whether the Following Statement is True Or False. Transport Helps in Raising Standard of Living. - Organisation of Commerce and Management

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प्रश्न

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

Transport helps in raising standard of living.

विकल्प

  • True

  • False 

MCQ
सत्य या असत्य

उत्तर

Transport helps in raising standard of living- True
Explanation:
Transport helps in raising the standard of living because it helps in delivering a wide variety of goods to people. Also, it provides employment opportunities to people, thus helping in raising their income level.

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Role of Transport
  क्या इस प्रश्न या उत्तर में कोई त्रुटि है?
अध्याय 2: Business Services - True or False [पृष्ठ ८५]

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मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
अध्याय 2 Business Services
True or False | Q 13 | पृष्ठ ८५

संबंधित प्रश्न

State the advantages of Road Transport.


Distinguish between  Water Transport and Air Transport


Write Short Note on the following:
Role of transport


Select the proper option from the options given below and rewrite the completed sentence.
Insurable interest must exist in ________.


Match the correct pairs :

  Group “A”   Group “B”
a. Life Insurance 1 Claim made by insured
b. Mitigation of loss 2 Perishable goods
c. Premium 3 Insurable interest
d. Cold storage 4 Maximum loss
e. Warehousing 5 Transfer of goods from one
place to other
    6 To minimise the loss
    7 Imported goods
    8 Principle of indemnity
    9 Storage of goods
    10 Payment made by policy
holder

Write a word or phrase or a term which can substitute each one of the following:
The account suitable for salaried people.


Write a word or phrase or a term which can substitute the following:
An account holder enjoys the privileges of any number of withdrawals.


Write a word or phrase or a term which can substitute the following:
An account where fixed amount is kept for a specific period.


Write a word or phrase or a term which can substitute the following:
A bank, which is known as banker's bank.


Write a word or phrase or a term which can substitute  the following:
The principle of insurance under which the insurer and the insured must show complete faith towards each other


Write a word or phrase or a term which can substitute the following:
A device through which calls and messages can be sent and received


Write a word or phrase or a term which can substitute  the following:
The costliest mode of transport.


Write a word or phrase or a term which can substitute the following:
Mode of transport which helps to get goods and passengers at their door.


Distinguish between the following:
Rail Transport & Air Transport


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

The principle of indemnity applies to life insurance.


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

Insured must have insurable interest in the subject matter at the time of taking the policy.


Answer the following question in short:
What are the agency functions of banks?


Answer the following question:
Describe the role of transport in modern times.


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