Do all the questions described below:
Question 1: Explain the benefits of containerization to the shippers and the ship-owners. As well state its drawbacks if any?
Question 2: The effectiveness of ports not only helps in raising the efficiencies of the overall transport system of a country however as well decreases the cost of transporting goods from source of origin to the point of ultimate decisions. Comment and describe the constraints faced by Indian ports in providing proficient service to users.
Question 3: Write brief notes on any four of the given terms:
a) The Tariff.
b) Carriage of Goods by Air.
c) Bill of Lading.
d) Joint Ventures.
e) Inventory.
Question 4: Distinguish between any four of the given terms:
a) Inter-modalism and Multi-modalism.
b) Bottomery and Respondentia Bond.
c) Custom Bonded and Excise Bonded.
d) Private warehouse and Public warehouse.
e) Re-order Level and Re-order Quantity.
Question 5: In brief comment on any four of the given statements:
a) Line services are given by all shipping company in India.
b) Freight rate had no relationship with the route to be covered.
c) Low productivity of labor results in carrying out the cargo work.
d) The distribution channel differs from country to country.
e) Warehouse and godown serve two distinct purposes.