CWC stands for_______.a)Central Warehousing Corporationb)Central Wareh...
CWC stands for Central Warehousing Corporation which is a premier Warehousing Agency in India.
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CWC stands for_______.a)Central Warehousing Corporationb)Central Wareh...
The correct answer is option 'A' - Central Warehousing Corporation.
Explanation:
The acronym CWC stands for Central Warehousing Corporation. Let's understand what it means and its significance.
- Central Warehousing Corporation (CWC):
The Central Warehousing Corporation (CWC) is a public sector undertaking under the Ministry of Consumer Affairs, Food, and Public Distribution in India. It was established in 1957 to provide logistics support and warehousing facilities for agricultural products, industrial goods, and other commodities.
Key Functions of CWC:
1. Warehousing Services:
CWC provides warehousing services for various commodities, including agricultural produce, industrial goods, and other products. It operates a network of warehouses across the country to facilitate storage and preservation of goods.
2. Storage Solutions:
CWC offers storage solutions to meet the diverse needs of its customers. It provides facilities like dry storage, cold storage, and custom-bonded warehousing to cater to different types of goods.
3. Inventory Management:
CWC helps in the effective management of inventory by providing services such as inventory control, stocktaking, and monitoring. It ensures proper storage conditions, timely dispatch, and retrieval of goods as per the requirements of the customers.
4. Value-Added Services:
Apart from warehousing and storage, CWC also offers value-added services like packaging, labeling, grading, and quality testing. These services add value to the stored goods and help in meeting the specific requirements of the customers.
5. Consultancy and Training:
CWC provides consultancy services to various organizations and individuals in the field of warehousing and logistics. It also conducts training programs to enhance the skills and knowledge of personnel involved in warehousing activities.
6. Promoting Trade and Agriculture:
CWC plays a crucial role in promoting trade and agriculture by ensuring the availability of storage infrastructure for commodities. It helps in reducing post-harvest losses, facilitating efficient supply chain management, and supporting the growth of the agricultural and industrial sectors.
In conclusion, CWC, which stands for Central Warehousing Corporation, is a government organization in India that provides warehousing and logistics services. It plays a significant role in storage, preservation, and management of various commodities, contributing to the development of trade and agriculture in the country.
CWC stands for_______.a)Central Warehousing Corporationb)Central Wareh...
Aaa
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