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11th Standard English Medium Commerce Subject Retailing Creative 1 Mark Questions with Solution Part - I

11th Standard

    Reg.No. :
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Commerce

Time : 00:30:00 Hrs
Total Marks : 5
    5 x 1 = 5
  1. The retail business acts as a universal supplier of a wide variety of products_____.

    (a)

    Multiple Shop

    (b)

    Tele shopping

    (c)

    Departmental Store

    (d)

    Mail order business

  2. A number of identical retail shops situated at different localities int he city or in the different parts of the country is called________.

    (a)

    Consumer Co-operative store

    (b)

    Multiple Shop

    (c)

    Hire purchase System

    (d)

    Internet Shopping

  3. It is a retail organisation owned, managed and controlled by the consumer themselves_____. 

    (a)

    Multiple shop

    (b)

    Departmental Stores

    (c)

    Consumer co-operative stores

    (d)

    Mail order business

  4. The risk of bad debts in this business is eliminated particularly when payment is received through VPP______.

    (a)

    Departmental Store

    (b)

    Co-operative Store

    (c)

    Super Market

    (d)

    Mail order business

  5. The minimum number of persons required to start a consumer Co-operative Society is_____.

    (a)

    50

    (b)

    60

    (c)

    100

    (d)

    25

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