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Q.

Choose the given statement is true/false:


Availability of transport services help in increasing trade.


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a

True

b

False 

answer is A.

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Detailed Solution

The above statement is true.
Suitable transportation facilities are necessary for a successful trade. Industries require raw materials for the production of goods to be transported from their source to the production units. The finished products are sent from the factories to selling units to make them available to customers. In the iron and steel industry, transportation is of high importance. Transport services help in establishing connections, thereby increasing trade. The development of factories and industries depends on quick and efficient transport services. Roadways, railways, waterways, and sometimes airways are used for transporting goods and services.
 
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