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11th Standard Commerce Channels of Distribution English Medium Free Online Test One Mark Questions 2020 - 2021

11th Standard

    Reg.No. :
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Commerce

Time : 00:10:00 Hrs
Total Marks : 10

    Answer all the questions

    10 x 1 = 10
  1. Trade middleman who acts as a link between wholesaler and customers refers to a____________

    (a)

    Producer

    (b)

    Broker

    (c)

    retailer

    (d)

    customer

  2. _________ buy the goods from the producer and sell it to the retailers.

    (a)

    Manufacturer

    (b)

    Wholesaler

    (c)

    Retailer

    (d)

    Consumers

  3. A ________ is a mercantile agent to whom goods are entrusted for sale by a principal and takes physical possession of the goods, but does not obtain ownership.

    (a)

    Broker

    (b)

    Factor

    (c)

    warehouse keeper

    (d)

    Commission agent

  4. A wholesaler deals in a __________quantity of goods.

    (a)

    Same

    (b)

    Medium

    (c)

    Limited

    (d)

    Large

  5. Which one of the following is not correctly matched?

    (a)

    Broker - Brokerage

    (b)

    Auctioneer - profit

    (c)

    Delcredere agent -Delcredere commission

    (d)

    Commission agent - commisssion

  6. The agent who guarantees to the principal for the collection of cash from credit sales is called _________-

    (a)

    Del-Gredere agents

    (b)

    Auctioneers

    (c)

    Warehouse - Keeper

    (d)

    Factors

  7. Merchant wholesalers are ________  types

    (a)

    Two

    (b)

    Three

    (c)

    Four

    (d)

    Five

  8. A large marketing intermediary, but not as large as a sole selling agent in terms of dimension, resources and area of operation is known as_____________

    (a)

    Wholesaler

    (b)

    Sole selling agent

    (c)

    Direct marketing channel

    (d)

    Semi-wholesalers

  9. The purchases and sales between the producers and wholesalers, and from the wholesalers to retailers are called as_________

    (a)

    D2C

    (b)

    B2C

    (c)

    M2C

    (d)

    B2B

  10. The person who comes in between the primary producer and the final consumer to promote trade is called.........

    (a)

    Trader

    (b)

    Middleman

    (c)

    Agent

    (d)

    Auctioneer

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