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महाराष्ट्र राज्य शिक्षण मंडळएचएससी वाणिज्य (इंग्रजी माध्यम) इयत्ता १२ वी

Answer the Following Questions: Describe the Role of Transport in Modern Times. - Organisation of Commerce and Management

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प्रश्न

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

थोडक्यात उत्तर

उत्तर १

Transport plays a major role in our lives. It facilitates the movement of goods, raw materials and labour from one place to another. Some important functions of transport are as follows:
i. Aids in the production process - Transport helps traders or manufactures to procure raw materials from far-off places and from places where they are available at the cheapest rate. Hence, it helps in procuring raw materials for production.
ii. Helps in the expansion of markets - Through transportation, sellers or traders can sell their goods in the markets that are far-off. Thus, it aids in the expansion of markets as well.
iii. Stabilises prices - Transportation helps in making the goods available whenever and wherever they are in demand. Thus, it helps in maintaining price stability.
iv. Creates employment - Transportation creates direct employment. It employs drivers, mechanics, helpers, etc., in the process.
v. Improves standard of living - It improves the standard of living of the people by making a wide variety of goods available to them and by creating employment opportunities for them.
vi. Helps during emergency - Transportation plays a vital role during a crisis. It helps in delivering basic necessities like food, shelter and medical help to the people during an emergency.

shaalaa.com

उत्तर २

Transport plays a major role in our lives. It facilitates the movement of goods, raw materials and labour from one place to another. Some important functions of transport are as follows:
i. Aids in the production process - Transport helps traders or manufactures to procure raw materials from far-off places and from places where they are available at the cheapest rate. Hence, it helps in procuring raw materials for production.
ii. Helps in the expansion of markets - Through transportation, sellers or traders can sell their goods in the markets that are far-off. Thus, it aids in the expansion of markets as well.
iii. Stabilises prices - Transportation helps in making the goods available whenever and wherever they are in demand. Thus, it helps in maintaining price stability.
iv. Creates employment - Transportation creates direct employment. It employs drivers, mechanics, helpers, etc., in the process.
v. Improves standard of living - It improves the standard of living of the people by making a wide variety of goods available to them and by creating employment opportunities for them.
vi. Helps during emergency - Transportation plays a vital role during a crisis. It helps in delivering basic necessities like food, shelter and medical help to the people during an emergency.

shaalaa.com

उत्तर ३

Transport plays a major role in our lives. It facilitates the movement of goods, raw materials and labour from one place to another. Some important functions of transport are as follows:
i. Aids in the production process - Transport helps traders or manufactures to procure raw materials from far-off places and from places where they are available at the cheapest rate. Hence, it helps in procuring raw materials for production.
ii. Helps in the expansion of markets - Through transportation, sellers or traders can sell their goods in the markets that are far-off. Thus, it aids in the expansion of markets as well.
iii. Stabilises prices - Transportation helps in making the goods available whenever and wherever they are in demand. Thus, it helps in maintaining price stability.
iv. Creates employment - Transportation creates direct employment. It employs drivers, mechanics, helpers, etc., in the process.
v. Improves standard of living - It improves the standard of living of the people by making a wide variety of goods available to them and by creating employment opportunities for them.
vi. Helps during emergency - Transportation plays a vital role during a crisis. It helps in delivering basic necessities like food, shelter and medical help to the people during an emergency.

shaalaa.com
Role of Transport
  या प्रश्नात किंवा उत्तरात काही त्रुटी आहे का?
पाठ 2: Business Services - Answer the following question [पृष्ठ ८६]

APPEARS IN

मायकल वाझ Organisation of Commerce and Management (OCM) [English] 12 Standard HSC Maharashtra State Board
पाठ 2 Business Services
Answer the following question | Q 8 | पृष्ठ ८६

संबंधित प्रश्‍न

Select the proper option from the options given below and rewrite the completed sentence.
Door to door services is offered by ________.


Select the proper option from the options given below and rewrite the completed sentence.
The costliest means of transport is ________.


Match the correct pairs:

  Group “A”   Group “B”
a. RBI 1 Recurring deposit account
b. Overdraft 2 12 hours service
c. Saving account 3 Withdrawals after fixed period
of time
d. ATM 4 Central Bank
e. Fixed deposit
account
5 Current Account
    6 Salaried people
    7 24 hours service
    8 Commercial bank
    9 Cash credit
    10 Withdrawal before fixed period
of time.

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:
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:
Means of transport carrying bulk and heavy goods for international trade.


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:
Road transport & Rail transport


Write Short Note on the following:
Types of life insurance policies


Write Short Note on the following:
Types of marine insurance policies


Write Short Note on the following:
Rail 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.

E –payment facility is not available to general public.


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

Air transport is suitable for short distances.


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

Rail transport provides door to door services.


Answer the following question in short:
What is e-banking?


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