Chapter internal-trade: Internal Trade MCQs | business studies Class 11 CBSE

ByteNotes

Chapter internal-trade: Internal Trade MCQs | business studies Class 11 CBSE | ByteNotes.in

MCQ

Easy difficulty • Choose the correct option

Easy

Question 1

Objective

Internal trade refers to buying and selling of goods and services:

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 2

Objective

Which of the following duties is NOT levied on internal trade?

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 3

Objective

Wholesale trade involves buying and selling of goods in large quantities for the purpose of:

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 4

Objective

Which of the following is a service provided by wholesalers to manufacturers?

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 5

Objective

By making cash payments to manufacturers upon purchase, wholesalers provide which service?

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 6

Objective

Which service does a wholesaler provide when it advises manufacturers about consumer tastes, market conditions, and competitors?

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 7

Objective

The service provided by a wholesaler when it stores goods in its warehouse and takes delivery from manufacturers is called:

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 8

Objective

Which of the following is NOT a service provided by wholesalers to retailers?

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 9

Objective

Itinerant retailers are different from fixed shop retailers because they:

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 10

Objective

Which type of itinerant retailer is found near railway stations and bus stands selling newspapers and eatables?

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 11

Objective

Cheap jacks differ from hawkers because they:

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 12

Objective

Which of the following is a fixed shop small retailer?

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 13

Objective

A departmental store is generally organised as a:

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 14

Objective

Which of the following is NOT an advantage of a departmental store?

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 15

Objective

In a departmental store, purchasing is done:

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 16

Objective

Chain stores or multiple shops are typically owned and operated by:

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 17

Objective

Which of the following is a key feature of chain stores?

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 18

Objective

In a consumer cooperative store, the management is entrusted to:

Choices

ByteNotes

MCQ

Easy difficulty • Choose the correct option

Easy

Question 19

Objective

How many people are required to form a consumer cooperative store?

Choices

ByteNotes

MCQ

Medium difficulty • Choose the correct option

Medium

Question 20

Objective

In a consumer cooperative store, profits are distributed as:

Choices

ByteNotes

Premium Access

Unlock all MCQs

You are viewing 20 free MCQs from this chapter. Upgrade to Premium to unlock the remaining 20 questions.

Upgrade to Premium20 questions locked

Chapter sections

Chapter internal-trade: Internal Trade | MCQs

Internal trade refers to buying and selling of goods and services:

Which of the following duties is NOT levied on internal trade?

Wholesale trade involves buying and selling of goods in large quantities for the purpose of:

Which of the following is a service provided by wholesalers to manufacturers?

By making cash payments to manufacturers upon purchase, wholesalers provide which service?

Which service does a wholesaler provide when it advises manufacturers about consumer tastes, market conditions, and competitors?

The service provided by a wholesaler when it stores goods in its warehouse and takes delivery from manufacturers is called:

Which of the following is NOT a service provided by wholesalers to retailers?

Itinerant retailers are different from fixed shop retailers because they:

Which type of itinerant retailer is found near railway stations and bus stands selling newspapers and eatables?

Cheap jacks differ from hawkers because they:

Which of the following is a fixed shop small retailer?

A departmental store is generally organised as a:

Which of the following is NOT an advantage of a departmental store?

In a departmental store, purchasing is done:

Chain stores or multiple shops are typically owned and operated by:

Which of the following is a key feature of chain stores?

In a consumer cooperative store, the management is entrusted to:

How many people are required to form a consumer cooperative store?

In a consumer cooperative store, profits are distributed as:

Unlock all MCQs

Practice in Quiz Mode