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11th Standard English Medium Commerce Subject Co-Operative Organisation Creative 3 Mark Questions with Solution Part - I

Published on: 27/06/2021

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Creative Questions in class 11 Commerce Subject. It will helps to get more idea about question pattern in every Creative questions with solution.

Download Tamil Nadu 11th Standard Commerce question papers, model tests, one-mark questions, important questions, and public exam papers in PDF format. Free study materials and answer keys for TN State Board students.

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Std: 11th Standard - Commerce

chapter: - Creative Questions

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Questions:

Generic 3

4 x 3 = 12

What are all the value added services rendered by the warehouses?

Differentiate Warehouse and Warehousing:

Write a note on Tamil Nadu warehousing Corporation (TNWC):

Write a note on Rural Credit.

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Answers Key:

Generic 3

4 x 3 = 12

Warehouses also provide certain value added services, such as in transit mixing, grading, packaging, and labelling. Sometimes goods are repacked and labelled again at the time of inspection by prospective buyers.

1. Warehouse is a place where goods are stored for future use whereas; warehousing is an arrangement of goods.
2. Warehouse is to hold goods for storing purpose only. Warehousing object is to preserve and protect the goods from deterioration.

It was established in 1959. The available storage capacity of TNWC is 6.83 Lakh MT with 7 Regional offices and 256 Godowns across the state. It is one of the biggest public warehouses operating in the state, offering logistic services to a diverse group of clients.

(i) Co-operative societies have contributed significantly in freeing villagers from money lenders.
(ii) Earlier, money lenders used to charge high rates of interest and the earnings of the villagers were spent on payment on interest alone.
(iii) Co-operatives provide loans at cheaper interest rates and have benefited the rural community.