Commerce · Class 11 Commerce
Ch 13Warehousing — Class 11 Commerce, concept-first.
Goods are rarely produced and consumed at the same time or place. A farmer's crop is harvested once or twice a year but consumed all year round; a factory produces goods continuously, but demand may be seasonal or spread across distant markets.
Key concepts
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Meaning and Need for Warehousing
Warehousing is the business activity of storing goods safely from the time of production/purchase until they are needed, bridging the time gap between production and consumption as a key auxiliary to trade.
Most relevant Q&A
Chapter contents
The NCERT structure, section by section. Open a section to see its questions, then read the concept-first solution.
Meaning and Need for Warehousing
Goods are rarely produced and consumed at the same time or place. A farmer's crop is harvested once or twice a year but consumed all year round; a factory produces goods continuously, but demand may b…
Functions of Warehousing
A modern warehouse does far more than simply provide four walls to hold goods — it performs several distinct functions that add real value to the goods stored:
Types of Warehouses
Warehouses in India can be classified on the basis of ownership and the kind of goods they are meant to store:
Importance of Warehousing to Different Parties
Warehousing benefits several different participants in the economy, each in a distinct way:
Exercises
Long Answer Questions
Sample & Board Papers
Sample papers and previous-year board questions for this subject.
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- Q1What is cold storage warehouse ?Preview
- Q2Differentiate the warehouse warrant from the warehouse receipts.Preview
- Q3Hindrance of Time is removed by ________. (a) Salesman (b) Transport (c) Insurance (d) WarehousePreview
- Q4Find the odd one out: (a) General warehouses (b) Bonded warehouses (c) Co-operative warehouses (d) Private warehousesPreview
- Q5List the functions of Warehouses.Preview
- Q6List any four types of warehouses.Preview
- Q7A warehouse holds goods as a ______ center. (a) Distribution (b) Marketing (c) Selling (d) SortingPreview
- Q8________ warehouses are used for storing perishable goods like fruits, vegetables etc. (a) Cold storage (b) Bonded (c) Co-operative (d) Priv…Preview
- Q9Give any two examples of seasonal production but regular consumption.Preview
- Q10(a) Explain the different types of warehouses. OR (b) Classify the various functions of Reserve Bank of India.Preview
More questions
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- Q1Warehousing is regarded as an auxiliary to trade mainly because it bridges the gap of: (a) place, between producer and consumer (b) time, be…Free
- Q2A warehouse licensed by customs authorities to store imported goods on which import duty has not yet been paid is called a: (a) Private Ware…Preview
- Q3A document issued by a warehouse, acknowledging goods held in its custody, which can be pledged with a bank to raise a loan, is called a: (a…Preview