MCQBusiness Studies

MP Board · Class 11 · Business Studies · Business, Trade and CommerceWhich auxiliary to trade helps in removing the hindrance of time?

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Total Attempts: 1
Accuracy Rate: 100%
Step-by-Step Solution

Warehousing helps in storing goods from the time of production until they are consumed, thereby removing the hindrance of time and making goods available when needed.

Detailed Options Breakdown
Option : Transport

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business, Trade and Commerce.

Option 1: Warehousing (Correct Answer)

Correct choice. Refer to the step-by-step verified solution guidelines above for details.

Option 2: Insurance

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business, Trade and Commerce.

Option 3: Advertising

Incorrect choice. This distractor represents a common misunderstanding of the core principles of Business, Trade and Commerce.

💡 Study Guide: This question tests core syllabus concepts from Business, Trade and Commerce. For formulas, key summaries, and mock exam reference guides, read the full Business, Trade and Commerce Revision Notes.
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