1.

Explain the different types of warehouses on the basis of ownership?

Answer»
  • Private Warehouses: Private warehouses are built and owned by private business enterprises in order to store the products produced by them.
  • Government Warehouses: They are created and operated by the Government to implement the programmes of the Government.
  • Public Warehouse: It is open for public at large. Most of the business organisations, especially small and medium scale units cannot afford to have their own warehouses.
  • Co-operative Warehouses: There are warehouses owned and managed by the marketing co-operative societies or agricultural co-operative societies. They are setup to provide warehousing facilities to their members.
  • Bonded Warehouses: Bonded warehouses are those warehouses, which are licensed by the government to accept storage of imported goods which are not cleared due to non-payment of customs duty by the importer.


Discussion

No Comment Found

Related InterviewSolutions