Question

Fill in the blanks with suitable words given in brackets:
(i) Food Corporation of India maintains ___________ warehouses.
(Government, private, bonded)
(ii) Warehouses used exclusively by the traders to store there own goods
are known as ___________ warehouses. (Bonded, public, private)
(iii) License from the government is not required to start a ____________
warehouse. (Bonded, private, public).

Answer 1

Answer:

(i) Food Corporation of India maintains bonded government warehouses.

(Government, private, bonded)

As food corporation of India is made by the government it looks after the warehouses which are run by government.

ii) Warehouses used exclusively by the traders to store there own goods

are known as bonded warehouses. (Bonded, public, private)

Bonded warehouses are type of warehouses which are maintained both by private and governmental bodies.  They are used to store their own goods.

(iii) License from the government is not required to start a public

warehouse. (Bonded, private, public).

Because all other warehouse needs license from the government other than the public warehouse.'

Answer 2

Answer:

(i) Food Corporation of India maintains government warehouses.

Exp: This is so because in India the Food Corporation maintains warehouses  for food surpluses that it has taken from other states. Example: Haryana

(ii) Warehouses used exclusively by the traders to store there own goods

are known as  private warehouses.

Exp: Private because they are kept for own goods by the traders themselves.