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Question
Statement-I Transportation helps in creating time utility and warehousing helps in creating place utility.
Statement-II The process of classification of products into different groups on the basis of their important characteristics is known as standardization.
Choose the correct option from the options given below:
Options
Statement I is true and II is false
Statement II is true and I is false
Both the statements are true
Both the statements are false
Solution
Both the statements are false
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