Types of Trade Model Question Paper

11th Standard

    Reg.No. :
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Commerce

Time : 01:00:00 Hrs
Total Marks : 40
    6 x 1 = 6
  1. The purchase of goods from Foreign Country is called _____.

    (a)

    Import

    (b)

    Export

    (c)

    Entrepot

    (d)

    Re-export

  2. When goods are Imported for the purpose of Export is called as _____.

    (a)

    Foreign Trade

    (b)

    Home Trade

    (c)

    Entrepot Trade

    (d)

    Trade

  3. _____ acts as a connecting link between the producer and the consumer.

    (a)

    Trade

    (b)

    Industry

    (c)

    Commerce

    (d)

    Business

  4. Internal trade can be classified in to _____ categories.

    (a)

    Three

    (b)

    Four

    (c)

    Two

    (d)

    Five

  5. The main aim of trade is to____

    (a)

    earn profit

    (b)

    To transfer goods and services

    (c)

    To serve the society

    (d)

    None

  6. The carriage of goods in international trade is done by_______-

    (a)

    Shipping

    (b)

    Air transport

    (c)

    Both (a) & (b)

    (d)

    None

  7. 6 x 2 = 12
  8. Give the meaning of Trade?

  9. What is Internal trade?

  10. How do you classify Trade?

  11. What is Import trade?

  12. Explain the meaning of Entrepot trade.

  13. What is the currency used in India for Internal Trade?

  14. 4 x 3 = 12
  15. Give two examples of Entrepot trade.

  16. What is a Wholesale trade?

  17. Name any three Retail Traders in your locality.

  18. State the main aim of Trade.

  19. 2 x 5 = 10
  20. What are the features of Internal trade?

  21. Explain the types of Internal Trade

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