Q.State any four functions performed by warehousing.

Warehousing chiefly performs storage, risk-bearing, financing through warehouse receipts, and price stabilisation across the year.

Warehousing performs several distinct functions, of which any four fully answer this question:

1. Storage — providing safe, organised space to hold goods until they are required, protecting them from damage, spoilage and theft.
2. Risk-bearing — the risk of loss or damage to goods while stored generally shifts to the warehouse-keeper.
3. Financing — a warehouse receipt, acknowledging goods deposited, can be used to raise a bank loan without moving or selling the goods.
4. Grading and branding — grading, blending or packing goods, particularly agricultural produce, into standard marketable lots. …