State/queen’s warehousing - SS1 Commerce Past Questions and Answers - page 1
What is state warehousing?
Warehousing owned and operated by private companies
Warehousing owned and operated by the state government
Warehousing owned and operated by international organizations
What is the main purpose of state warehousing?
Supporting the agricultural sector
Maximizing profits for private companies
Providing storage facilities for international trade
What role does state warehousing play in price stabilization?
Controlling the release of stored commodities
Encouraging price fluctuations in the market
Restricting access to stored goods for consumers
What services can state warehouses offer to traders and manufacturers?
Quality control inspections
Exclusive access to stored goods
Financial support for inventory management
Who owns and operates state warehouses?
Private companies
Farmers' cooperatives
State government
What is the primary purpose of state warehousing?
How does state warehousing contribute to trade facilitation?