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Business Studies-[Class 11-MCQS ]-Chapter 10 Internal Trade

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1. It helps disabled and elderly people.




2. The aim is to economies by buying in common and to retain their profits by selling in common.




3. This retail business acts as a universal supplier of a wide variety of products.




4. __ are mobile traders who deal in low priced articles with no fixed place of business.




5. _____ can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices raise.




6. A warehouse keeper accepts goods for the purpose of _______




7. When goods are imported for the purpose of export is called as ____




8. The purchase of goods from a foreign country is called ___




9. The risk of bad debts in this business is eliminated particularly when payment is received through V.P.P.




10. It is a network of a number of branches situated at different localities in the city or in the different parts of the country.




11. Small scale Fixed retailers includes ________




12. ________ are agents who merely bring the buyer and the seller into contact.




13. Wholesaler's deals in ____________ quantity of goods




14. An agent is appointed by the _____




15. The persons who come in between the primary producer and the final consumer to promote trade is called as ______