This quiz works best with JavaScript enabled. Home > Class 11 > Class 11 Business Studies Chapter 9 Internal Trade – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 11 Business Studies Chapter 9 Internal Trade Quiz 6 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Which of these is the merit of departmental Store A) Prices of these stores are comparatively low. B) These stores have high operating costs. C) These stores deal in the good of one manufacturer only. D) These provide economy of Large scale operations. Show Answer Correct Answer: D) These provide economy of Large scale operations. 2. Describe why good customer service is important A) Bad customer service helps to retain customers and will maintain or increase sales. B) It helps retain and gain customers, which will help maintain or increase sales and ultimately profit. C) All the above. D) None of the above. Show Answer Correct Answer: B) It helps retain and gain customers, which will help maintain or increase sales and ultimately profit. 3. The channel of distribution ends at ..... A) Manufacturers. B) Wholesalers. C) Retailers. D) Consumers. Show Answer Correct Answer: D) Consumers. 4. A Shopping complex is an example of A) Chain stores. B) Speciality store. C) Departmental store. D) General store. Show Answer Correct Answer: B) Speciality store. 5. Which of the following is a type of wholesale trade? A) Selling to final consumers. B) Selling in bulk for resale. C) Selling through vending machines. D) Selling through door-to-door sales. Show Answer Correct Answer: B) Selling in bulk for resale. 6. Which is the service of the wholesaler to the consumer? A) Helps in promotion. B) Enabling large scale operation. C) Wide selection. D) Personal selling. Show Answer Correct Answer: C) Wide selection. 7. In India, which tax replaced multiple indirect taxes? A) VAT. B) Service tax. C) GST. D) Income tax. Show Answer Correct Answer: C) GST. 8. The risk of bad dept is eliminated in this business, especially when the payment is through V.P.P. A) Departmental store. B) Mail-order business. C) Cooperative store. D) None of these. Show Answer Correct Answer: B) Mail-order business. 9. Everything from 'a pin to plane' is the spirit behind a ..... A) Departmental store. B) Vending machine. C) Chain stores. D) Street stall holders. Show Answer Correct Answer: A) Departmental store. 10. Which type of business produces goods? A) Manufacturing. B) Retail. C) Wholesale. D) Target market. Show Answer Correct Answer: A) Manufacturing. 11. What are the main features of hawkers and pedlars? A) They move from street to street. B) They sell a variety of goods. C) They deal with non-branded items. D) All of the above. Show Answer Correct Answer: D) All of the above. 12. Imports are ..... A) Products that one country sends to another. B) Are products one country buys from another. C) Tariffs. D) Limits to what can be traded. Show Answer Correct Answer: B) Are products one country buys from another. 13. Why is it important for goods to be distributed fairly through internal trade? A) To ensure that all regions receive equal amounts of goods and services. B) To increase the number of wholesalers. C) To reduce competition. D) To encourage export. Show Answer Correct Answer: A) To ensure that all regions receive equal amounts of goods and services. 14. Chamber of commerce works for the interest of industries and business. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 15. What does the term 'Cash on Delivery' (COD) refer to? A) Payment made after delivery. B) Payment made at the time of delivery. C) Payment made before delivery. D) Payment made through credit. Show Answer Correct Answer: B) Payment made at the time of delivery. 16. Internal trade does NOT include: A) Selling goods within national boundaries. B) Importing goods. C) Selling through wholesalers. D) Buying and selling within a city. Show Answer Correct Answer: B) Importing goods. 17. Which of the following statements is false about advantages of multiple chain stores? A) Economies of scale. B) Elimination of middlemen. C) No bad debts. D) Convenience in buying. Show Answer Correct Answer: D) Convenience in buying. 18. A service provided by a wholesaler to manufacturer and retailer is ..... A) Credit facility. B) Continuous availability of goods. C) Market information. D) None of these. Show Answer Correct Answer: C) Market information. 19. The ..... act as an important link between producers and final consumers in the distribution of products and services. A) Wholesalers. B) Retailers. C) Marketer. D) Producer. Show Answer Correct Answer: B) Retailers. 20. Trade taking place within the boundaries of a nation is referred to as ..... trade. A) INTERNAL TRADE. B) External trade. C) Foreign trade. D) Local trade. Show Answer Correct Answer: A) INTERNAL TRADE. 21. In a recession, uncertainty about employment can deter spending. Which of the following is a synonym for "deter?" A) Discourage. B) Enable. C) Facilitate. D) Permit. Show Answer Correct Answer: A) Discourage. 22. What type of retailer deals in second-hand goods such as furniture, books, and clothes? A) Single line stores. B) Second-hand goods shops. C) General stores. D) Departmental stores. Show Answer Correct Answer: B) Second-hand goods shops. 23. What is one of the roles of Chambers of Commerce and industry in internal trade? A) Promoting international trade agreements. B) Supporting the implementation of GST. C) Facilitating the promotion of internal trade. D) Classifying types of retailers. Show Answer Correct Answer: C) Facilitating the promotion of internal trade. 24. Which of the following is a Limitation of Departmental Stores? A) High operating cost. B) Attractive services. C) Promotion of sales. D) Convenience in buying. Show Answer Correct Answer: A) High operating cost. 25. Which of the following come under fixed shop retailers? A) General Stores. B) Multiple Shops. C) Departmental Stores. D) Chain Stores. Show Answer Correct Answer: D) Chain Stores. ← 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 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 10Class 11 Business Studies Chapter 9 Internal Trade Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books