Quiz  /  Internal Trade Class 11 MCQ Questions With Answers

  • 1. 
    Which of the following risks borne by the retailers?

  • Storage risk
  • Pilferage risk
  • Risk of obsolescence
  • All of the above

  • 2. 
    Number of goods sold in wholesale trade is :

  • (a) More
  • (b) One
  • (c) Less
  • (d) None of these

  • 3. 
    Which of the following is not a type of Large scale Retailers?

  • Departmental stores
  • Chain stores
  • Grocery Stores
  • Mall

  • 4. 
    Sale of specific line of products by these vendors.

  • (a) Speciality shops
  • (b) Mail Order Houses
  • (c ) Secondhand goods shops
  • (d) Departmental stores

  • 5. 
    The type of retail business acts as a supplier of a wide variety of products under one roof:

  • a) Departmental store
  • b) Chain-store
  • c) Mail-order house
  • d) Multiple-shop

  • 6. 
    Following is the advantages of chain stores:

  • No Bad debts
  • Economies of scale
  • Diffusion of risk
  • all the above

  • 7. 
    Chamber of commerce works for the interest of industries and business.

  • True
  • False

  • 8. 
    Which do not come in fixed retail sellers:

  • (a) General store
  • (b) Departmental store
  • (c) Hawkers and peddlers
  • (d) Chain stores.

  • 9. 
    Multiple stores are flourish in all over country.

  • True
  • False

  • 10. 
    Business by post is a example of retail trade

  • True
  • False

  • 11. 
    The decoration of chain stores are same in everywhere.

  • True
  • False

  • 12. 
    Wholesale trade refers to

  • a) Exporting goods and services
  • b) Importing goods and services
  • c) Buying and selling of goods and services in large quantities
  • d) Buying and selling of goods and services in small lots

  • 13. 
    Wholesaling is concerned with the activities of those persons or establishments which sell goods to

  • Retailers
  • Industrial uses
  • commercial uses
  • all of the above

  • 14. 
    Chamber of commerce is voluntary organization for industries and business.

  • True
  • False

  • 15. 
    Usually high income group of customers who give more weightage to value added services rather than the prices of the product visit these stores

  • Departmental stores
  • Multiple Stores
  • General stores
  • all of the above

  • 16. 
    Which of the following is not the feature of Departmental stores?

  • Wide spectrum of facilities under one roof
  • Located at central place of the city
  • less operating costs
  • Eliminate middlemen

  • 17. 
    Who is a link between wholesalers and consumers?

  • Manufacturers
  • Wholesalers
  • Retailers
  • None of the above

  • 18. 
    Which is not characteristics of super market

  • (a) Member of super bazar invest their own capital
  • (b) This store remains in form of cooperative society
  • (c) Goods sold on credit in super bazar
  • (d) Situated at center of city.

  • 19. 
    The wholesalers advice the manufacturers about the aspects related to

  • Market conditions
  • competitive activities
  • customers' taste and preferences
  • all of the above
Report Question
warning
access_time
  Time