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 - 2
Question 1:Â
How many goods are reserved for small business :
(a) 800
(b) 700
(c) 900
(d) 500.
Correct Answer – (A)
Question 2:Â
India has of small business undertakings:
(a) 95
(b) 92
(c) 90
(d) 94.
Correct Answer – (A)
Question 3:Â
Which is not included in small business:
(a) Business run by womens
(b) Cottage industries
(c) Khadi and rural industry
(d) Industry having investments up to 2 crore.
Correct Answer – (D)
Question 4:Â
An agent is appointed by the ____________
(a) Principal
(b) Manufacturer
(c) Wholesaler
(d) Retailer
Correct Answer – (A)
Question 5:Â
____________ are agents who merely bring the buyer and the seller into contact.
(a) Selling agent
(b) Commission agent
(c) Stockist
(d) Broker
Correct Answer – (D)
MCQ Questions Class 11 Internal Trade With Answers
Question 6:Â
Investment limit in small business:
(a) 20 lakh
(b) 25 lakh
(c) 10 lakh
(d) 2 lakh.
Correct Answer – (B)
Question 7:Â
In India the small business can be classified into how many categories on the basis of capital investment:
(a) 3
(b) 4
(c) 2
(d) 5.
Correct Answer – (C)
Question 8:Â
The persons who come in between the primary producer and the final consumer to promote trade is called as ____________
(a) Trader
(b) Middleman
(c) Auctioneer
(d) Agent
Correct Answer – (B)
Question 9:Â
Wholesaler deals in ____________ quantity of goods
(a) Small
(b) Limited
(c) Large
(d) Medium
Correct Answer – (C)
Question 10:Â
Small scale Fixed retailers includes ____________
(a) Hawkers
(b) Pedlars
(c) Cheap Jacks
(d) General stores
