CBSE Class 11 Internal Trade Multiple Choice Questions with Answers. MCQ Questions Class 11 Internal Trade with Answers Is Prepared Based on Latest Exam Pattern. Students can solve NCERT MCQ questions Class 11 Internal Trade with Answers to know their preparation level.
Students who are searching for NCERT MCQ Questions Class 11 Internal Trade with Answers are compiled here to get good practice on all fundamentals. Know your preparation level on MCQ Questions for Class 11 Internal Trade with Answers. You can also verify your answers from the provided MCQ Class 11 Internal Trade with Answers. So, ace up your preparation with MCQ of Class 11 Business Studies Examinations.
MCQ Questions Class 11 Internal Trade with Answers - Set - 1
Question 1:Â
It is a network of a number of branches situated at different localities in the city or in the different parts of the country.
(a) Multiple shop
(b) Consumers? co-operative store
(c) Hire purchase system
(d) Internet marketing
Correct Answer – (A)
Question 2:Â
The purchase of goods from a foreign country is called ____________
(a) Entreport
(b) Import
(c) Re-Export
(d) Export
Correct Answer – (B)
Question 3:Â
A warehouse keeper accepts goods for the purpose of ____________
(a) Selling
(b) Packaging
(c) Export
(d) Storage
Correct Answer – (D)
Question 4:Â
_________________ are mobile traders who deal in low priced articles with no fixed place of business.
(a) Street stalls
(b) Retailers
(c) Itinerant traders
(d) Agents
Correct Answer – (C)
Question 5:Â
The aim is to economies by buying in common and to retain their profits by selling in common.
(a) multiple shop
(b) web marketing
(c) teleshopping
(d) consumer?s co-operative store
Correct Answer – (D)
MCQ Questions Class 11 Internal Trade With Answers
Question 6:Â
The risk of bad debts in this business is eliminated particularly when payment is received through V.P.P.
(a) Tele-shopping
(b) mail order trading house
(c) Departmental store
(d) co-operative store
Correct Answer – (B)
Question 7:Â
When goods are imported for the purpose of export is called as _________
(a) Foreign trade
(b) Entrepot
(c) Home trade
(d) Trade
Correct Answer – (B)
Question 8:Â
____________ can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices raise.
(a) Wholesaler
(b) Agent
(c) Retailer
(d) Mercantile agent
Correct Answer – (A)
Question 9:Â
This retail business acts as a universal supplier of a wide variety of products.
(a) Departmental store
(b) Multiple shop
(c) Mail order Business.
(d) Tele-shopping
Correct Answer – (A)
Question 10:Â
It helps disabled and elderly people.
(a) Tele-shopping
(b) E-commerce
(c) multiple shop
(d) installment system
