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 - 3
Question 1:
How many types of itinerant retailers are there?
(a) One
(b) Four
(c) Three
(d) Two
Correct Answer – (B)
Question 2:
Which type of retailers provides door to door services to their customers
(a) Street traders
(b) Peddlers and hawkers
(c) General stores
(d) Street stall holders
Correct Answer – (B)
Question 3:
Wholesale trade refers to
(a) Exporting goods and services
(b) Importing goods and services
(c) Buying and selling of goods and services in large quantities
(d) Buying and selling of goods and services in small lots
Correct Answer – (C)
Question 4:
In India which norm is not used for the measurement of business units :
(a) Number of person engaged in the business
(b) Capital investment in the business
(c) Quantity of production
(d) Number of educated people in the business
Correct Answer – (D)
Question 5:
Which is not the characteristics of cottage industry :
(a) Use of foreign technique in production
(b) They are organized by personal resources of the members
(c) Simple tools are used in it
(d) Small capital investment.
Correct Answer – (A)
MCQ Questions Class 11 Internal Trade With Answers
Question 6:
GST is a type of tax.
(a) Indirect
(b) Foreign
(c) Direct
(d) Central
Correct Answer – (A)
Question 7:
Which one is not the tax slab of GST?
(a) 5%
(b) 14%
(c)18%
(d) 28%
Correct Answer – (B)
Question 8:
NABARD was established in the year:
(a) 1982
(b) 1985
(c) 1984
(d) 1986.
Correct Answer – (A)
Question 9:
In India small business units have……. position :
(a) 3rd
(b) 2nd
(c) 4th
(d) 1st
Correct Answer – (B)
Question 10:
Which is not the characteristics of small business:
(a) Unlimited work scope
(b) Free management
(c) Priority of workers
(d) Limited investment.
