Transport Management - Qp1

Explanation
This statement suggests that public control over one transportation agency will have an impact on other transportation agencies. This implies that the different transportation agencies are interconnected and their operations are influenced by each other. Therefore, the statement is true.

Explanation
The statement suggests that even if transport services are considered as a multiple homogeneous unit, it is still necessary to ensure that resources are allocated evenly between transport and other sectors of the economy. However, the correct answer is False, indicating that this statement is incorrect. Therefore, it implies that there is no need to ensure an equal allocation of resources between transport and other sectors, even if transport services are considered as a multiple homogeneous unit.

Explanation
The statement is false because the elasticity of supply for a service is not determined by the availability of substitutes, but rather by the ability of suppliers to easily adjust the quantity of the service they provide in response to changes in price. The availability of substitutes may affect the demand for a service, but it does not directly impact the supply side.

Explanation
Storage of goods is the process of keeping goods in a secure location until they are needed. This allows businesses to have inventory on hand to fulfill customer orders and maintain a continuous supply chain. By storing goods, businesses can also take advantage of bulk purchasing and seasonal fluctuations in demand. Therefore, it is true that storage of goods allows them to be held until they may be required.

Explanation
Convenience assumes that there is flexibility in selecting production and consumption times, without any restrictions imposed by natural conditions. This means that the production and consumption activities can be scheduled at the most convenient times for the individuals or businesses involved, allowing for greater efficiency and convenience in the overall process.

Explanation
The statement suggests that people will seek transport services even without any economic, social, or political need, and they are willing to bear the cost of such a service. However, this statement is false. Generally, people seek transport services when they have a specific need or purpose, such as commuting to work, traveling to a destination, or fulfilling social obligations. Without any need or purpose, people are unlikely to seek transport services and bear the associated costs.

Explanation
The transport characteristics of goods can be classified based on their physical properties or quantities, such as whether they are in liquid, solid, or gas form. Additionally, goods can be classified as animate or inanimate, depending on whether they are living organisms or not. They can also be categorized as destructible or indestructible, depending on their susceptibility to damage during transportation. Lastly, goods can be classified as hazardous or non-hazardous, based on their potential to cause harm or danger during transport.

Explanation
The statement suggests that there are three broad classes for classifying the method of packing goods for transport. However, the correct answer is false because the statement does not provide any information about the number of classes for classification. Therefore, it cannot be concluded that there are three broad classes for classifying the method of packing goods for transport.