Public godowns help in availing financial facilities. Give reason.

1.	Public godowns help in availing financial facilities. Give reason.
Answer» Public godowns are used for storing products owned by public. As the name suggests these godowns store only those goods which are imported from other countries and on which custom i.e. import duty is already paid. This facility helps the goods owner to directly sell the goods with the help of receipt. This saves him from the expenses of loading and transporting goods. A businessmen can also divide the large stock of goods into small lots within the godown and sell them to separate traders. All these facilities help the businessman to avail several financial facilities and free his invested money.

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