This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 9 Internal Trade – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 9 Internal Trade Quiz 12 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of the following is a service provided by wholesalers to manufacturers? A) Providing after-sales service. B) Advertising products. C) Facilitating large scale production. D) Direct selling to consumers. Show Answer Correct Answer: C) Facilitating large scale production. 2. A manufacturer sells large quantities of goods to ..... A) Retailer. B) Importer. C) Wholesaler. D) Exporter. Show Answer Correct Answer: C) Wholesaler. 3. Which type of trade usually involves higher prices per unit? A) Luxury or premium goods. B) Generic or low-quality goods. C) Bulk or wholesale goods. D) Second-hand or used goods. Show Answer Correct Answer: A) Luxury or premium goods. 4. What is the role of the GST Council? A) To make recommendations on GST rules. B) To levy taxes on goods. C) To manage state finances. D) To regulate retail trade. Show Answer Correct Answer: A) To make recommendations on GST rules. 5. The wholesaler buys goods in a ..... quantity. A) Less. B) More. C) Medium. D) None of the above. Show Answer Correct Answer: B) More. 6. Choose the services which is provided by the wholesaler to retailers. A) Bearing risk. B) Financial assistance. C) Expert advice. D) All of the above. Show Answer Correct Answer: D) All of the above. 7. True or False? E-Retailing is becoming more popular because more people have access to high speed internet. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 8. Who are the intermediaries in internal trade that help in the exchange of goods and services between producers and ultimate consumers? A) Manufacturers and industrial users. B) Wholesalers and retailers. C) Exporters and importers. D) Consumers and merchants. Show Answer Correct Answer: B) Wholesalers and retailers. 9. The customers you would most like to attract are referred to as your A) Competition. B) Market segments. C) Target market. D) Demographics. Show Answer Correct Answer: C) Target market. 10. Why is there no Bad Debt in Multiple Shop. A) Because of Centralised Management. B) Because of Cash and Carry. C) Because of Convenient location. D) Because Centralized buying and decentralized selling. Show Answer Correct Answer: B) Because of Cash and Carry. 11. How do wholesalers assist retailers in increasing demand for new products? A) By providing specialised knowledge. B) By extending credit facilities. C) By performing marketing functions and advertising. D) By reducing risk of storage. Show Answer Correct Answer: C) By performing marketing functions and advertising. 12. Following is the advantages of chain stores: A) No Bad debts. B) Economies of scale. C) Diffusion of risk. D) All the above. Show Answer Correct Answer: D) All the above. 13. Manufacturers are present everywhere. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 14. A large establishment offering a wide variety of products under one roof is known as ..... A) Wholesaler. B) Departmental stores. C) Multiple stores. D) General store. Show Answer Correct Answer: B) Departmental stores. 15. Which one is not the tax slab of GST? A) 5%. B) 14%. C) 18%. D) 28%. Show Answer Correct Answer: B) 14%. 16. Manufacturing sector companies include which of the following: A) Distribution companies. B) Textile companies. C) Retailing companies. D) Internet service providers. Show Answer Correct Answer: B) Textile companies. 17. Which of the following is NOT an advantage of mail-order business? A) Limited capital requirement. B) Elimination of middlemen. C) Lack of personal contact. D) Wide reach through postal services. Show Answer Correct Answer: C) Lack of personal contact. 18. "NEW PRODUCTS INFORMATION" is a service provided by whom to whom? A) Retailers to Consumers. B) Manufacturers to retailers. C) Wholesaler to Manufacturers. D) None of the above. Show Answer Correct Answer: A) Retailers to Consumers. 19. This store offers a specified range of products. A) Chain Stores. B) Departmental Stores. C) Mall. D) None of the above. Show Answer Correct Answer: A) Chain Stores. 20. Vending machines can be useful for selling pre-packed brands of low-priced products which have ..... and which are uniform in size and weight. A) Low turnover. B) Slow turnover. C) High turnover. D) Liberal turnover. Show Answer Correct Answer: C) High turnover. 21. Identify from the below which are not the characteristics of Fixed shop retailers? A) Dealing with different products. B) Have greater resources. C) Independent shops of temporary nature facilities. D) Mostly provides credit. Show Answer Correct Answer: C) Independent shops of temporary nature facilities. 22. Which of the following service is provided by retailers to consumers? A) Market information. B) Provide credit facility. C) After sales service. D) All of these. Show Answer Correct Answer: D) All of these. 23. ..... combines both the functions of retailing as well as warehousing. A) A vending machine. B) Mail order house. C) A departmental store. D) A second hand goods shop. Show Answer Correct Answer: C) A departmental store. 24. What is the main advantage of hawkers in retailing? A) They provide high-quality products. B) They offer convenient service to consumers. C) They deal in luxury items. D) They operate on a large scale. Show Answer Correct Answer: B) They offer convenient service to consumers. 25. Which of the following is not a service provided by Wholesalers to manufacturers A) Help in marketing function. B) Financial assistance. C) Risk sharing. D) Grant of credit. Show Answer Correct Answer: D) Grant of credit. ← PreviousNext →Related QuizzesClass 11 Business Studies Chapter 9 Internal Trade Quiz 1Class 11 Business Studies Chapter 9 Internal Trade Quiz 2Class 11 Business Studies Chapter 9 Internal Trade Quiz 3Class 11 Business Studies Chapter 9 Internal Trade Quiz 4Class 11 Business Studies Chapter 9 Internal Trade Quiz 5Class 11 Business Studies Chapter 9 Internal Trade Quiz 6Class 11 Business Studies Chapter 9 Internal Trade Quiz 7Class 11 Business Studies Chapter 9 Internal Trade Quiz 8Class 11 Business Studies Chapter 9 Internal Trade Quiz 9Class 11 Business Studies Chapter 9 Internal Trade Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books