Q2 F of 19 Page 259

Answer each of the following questions in two to four sentences:

Which organizations overcome the hindrance of place and risk?


The hindrance of place is overcome with the help of transportation services which include, road, railway, air and water transport. The hindrance of risk of loss is overcome with the help of insurance companies.


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2 D

Answer each of the following questions in two to four sentences:

Name the three types of foreign trade.


 2

Answer each of the following questions in two to four sentences:

Mention the important goods produced by cottage and small-scale industries.


 2 G

Answer each of the following questions in two to four sentences:

Mention the antisocial activities of traders to earn more profit.


 2 H

Answer each of the following questions in two to four sentences:

What are the steps taken by the government to overcome the antisocial practices in business?