Advertisements
Advertisements
Question
Write Short Note on the following:
Air transport
Solution
Air transport is the transport of goods and passengers through airways. The means of air transport are helicopters, passenger aircrafts, cargo aircrafts, etc.
The ownership of air transport lies in the hands of both public and private sectors. It is the fastest mode of transport available and is suitable for long distances. Also, it is the most expensive mode of transport.
APPEARS IN
RELATED QUESTIONS
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 |
Match the correct pairs:
| Group “A” | Group “B” | ||
| a. | Road transport | 1 | Government owned |
| b. | Rail transport | 2 | Co-operative societies |
| c. | Air transport | 3 | Self employed |
| d. | Postal department | 4 | Owned by private companies |
| e. | Courier services | 5 | Door to door service |
| 6 | Owned by individuals | ||
| 7 | Costliest means of transport | ||
| 8 | Huge carrying capacity | ||
| 9 | Difficulty in transport | ||
| 10 | Cheapest means of transport |
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:
Overdraft facility is given to a certain definite account holder.
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:
The costliest mode of transport.
Write Short Note on the following:
Types of fire insurance policies
Write Short Note on the following:
Road transport
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.
State with Reasons whether the following statement is TRUE or FALSE.
Duty paid warehouses help to provide storage for perishable commodities.
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.
Water transport is the costliest means of transport available.
Answer the following question:
Describe the role of transport in modern times.
