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Match the following: Function Method (I) Removing hindrance of knowledge (A) Advertising
Question

Match the following:
Function
Method
(I) Removing hindrance of knowledge
(A) Advertising
(II) Removing hindrance of time
(B) Transport
(III) Removing hindrance of place
(C) Insurance
(IV) Removing hindrance of risk
(D) Warehousing
Options:

A.

(I)-(A); (II)-(D); (III)-(B); (IV)-(C)

B.

(I)-(C); (II)-(D); (III)-(B); (IV)-(A)

C.

(I)-(A); (II)-(B); (III)-(D); (IV)-(C)

D.

(I)-(C); (II)-(B); (III)-(D); (IV)-(A)

Correct option is A


The correct option is  (a) (I)-(A); (II)-(D); (III)-(B); (IV)-(C)
The concept of "Auxiliaries to Trade" in business, which are activities that assist in the seamless flow of goods and services by removing various barriers or "hindrances". 
· (I) Removing hindrance of knowledge is addressed by  (A) Advertising. Advertising informs potential customers about products and services, bridging the information gap between producers and consumers.
· (II) Removing hindrance of time is addressed by  (D) Warehousing. Warehousing and storage facilities store goods until they are needed by the market, overcoming the time gap between production and consumption.
· (III) Removing hindrance of place is addressed by  (B) Transport. Transportation physically moves goods from the place of production to the place of consumption, thereby bridging the geographical distance.
· (IV) Removing hindrance of risk is addressed by  (C) Insurance. Insurance provides protection against potential losses of goods due to fire, theft, or damage during transit or storage. 

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