Class 11 Business Studies Chapter 9 Internal Trade Quiz 13 (10 MCQs)

Quiz Instructions

Select an option to see the correct answer instantly.

1. I am the organized action of making goods and services for sale.

Correct Answer: D) Industry.

2. Which of the following is an example of a fixed shop retailer?

Correct Answer: B) Departmental store.

3. Which of the following is a advantage of chain stores?

Correct Answer: A) Elimination of middleman.

4. Which of the following is not a feature of a departmental store?

Correct Answer: D) Sells daily products.

5. ..... represents the final stage in the distribution of goods.

Correct Answer: A) Retail.

6. Choose the service which is not provided by Wholesalers to Manufacturers

Correct Answer: C) After sale service to consumers.

7. Shops in which producer sold its own product is called ..... ?

Correct Answer: C) Multiple chain shop.

8. Wholesalers do not provide credit facilities to retailers.

Correct Answer: B) False.

9. The wholesalers have Specialized Knowledge about the particular line of products they are dealing in.

Correct Answer: A) TRUE.

10. Producer $\rightarrow$ Wholesaler $\rightarrow$ Retailer $\rightarrow$ Consumer is the example of

Correct Answer: D) Indirect trade.