Free MCQ’s Quiz for Class 11 Business Studies – Chapter 10 – Internal Trade with Answers is prepared based on the latest CBSE Exam Pattern for the Academic Session. Students can solve NCERT based Class 11th Business Studies – ‘Internal Trade’ Multiple Choice Questions with Answers to know their preparation level on the Success Roar Classes website.

Here, we have provided Free MCQ’s Quiz on Class 11 Business Studies – Chapter 10 – Internal Trade. Internal trade refers to trading that takes place within a country. This chapter focuses into the meaning and nature of internal trade, as well as the various types of internal trade and the role of chambers of commerce in promoting it.

To make you perfect in this topic – Internal Trade, we are here with a set of MCQs Quiz that will help you in brushing up the understanding of the concepts.

Free MCQ’s on Internal Trade.

Free MCQ’s on Internal Trade

Results

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#1. The retailer plays a link between -

Consumer and wholesaler

Consumer and wholesaler

Manufacturer and Wholesaler

Manufacturer and Wholesaler

Consumer and manufacturer

Consumer and manufacturer

None of the above

None of the above

#2. Who deals in large quantities of goods?

Retailer

Retailer

Wholesalers

Wholesalers

Vendor

Vendor

None of the above

None of the above

#3. The purchase of products from foreign countries is referred to as ______.

Import

Import

Export

Export

Re-Export

Re-Export

Re-Import

Re-Import

#4. Which is not connected to the business by moving from one place to another?

Hawkers

Hawkers

Street sellers

Street sellers

Pedlars

Pedlars

Street shops

Street shops

#5. Where department stores are well-known?

USA and Europe

USA and Europe

China

China

India

India

Pakistan

Pakistan

#6. Which of the following is a limitation of the vending machines?

Self Service

Self Service

Fast

Fast

Costly

Costly

None of the above

None of the above

#7. The automatic vending machine has the following number of sellers:

One who sell goods

One who sell goods

Two

Two

Not even one

Not even one

One who received goods

One who received goods

#8. Which of the following is not a wholesaler's characteristic?

Selling goods on large scale

Selling goods on large scale

Direct relation with customers

Direct relation with customers

No focus on shop deco

No focus on shop deco

Trade of limited goods.

Trade of limited goods.

#9. There is less capital required in:

Departmental store

Departmental store

Wholesale trade

Wholesale trade

Production

Production

None of the above

None of the above

#10. ___ are the ones who transport their products from one door to the other on the animals or using wheel carts to sell the products.

Hawkers

Hawkers

Chain Store

Chain Store

Departmental Store

Departmental Store

General Store

General Store

finish