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Published on: 14/09/2019
Internal Trade
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Questions + Answers key
Take MCQ Business Studies Test
1.
Name the retail organization where same types of commodities are sold at uniform prices located all over the country.
2.
Name any two departmental stores.
3.
Name the retail outlets that sell merchandise through mail.
4.
What is meant by Automatic vending machines.
5.
What type of goods are suitable for Automatic vending machines?
6.
Give the full form of FICCI.
7.
Name the machine in which goods are bought and sold by inserting coins.
8.
In which business are goods bought and sold through postal services?
9.
Give one example of chain stores.
10.
Give any two services of retailer to the customers.
11.
Used goods are bought and sold in which type of shops.
12.
Large quantity buying is characteristic of which trade?
13.
Name any two Itinerants.
14.
Who are Itinerants?
15.
What do you mean by internal trade?
1.
Chain Stores.
2.
Akberally in Mumbai and Spencers in Chennai.
3.
Telebrands.
4.
Automatic vending machines are coin operated vending machines which work like an ATM. It is useful in selling hot beverages, milk, chocolates, newspaper, platform ticket etc.
5.
Pre-packed brands of low priced products, hot beverages, milk, chocolates, newspaper, platform ticket.
6.
The Federation of Indian Chambers of Commerce and Industry.
7.
Automatic Vending Machines.
8.
Mail Order Business.
9.
Food chains of Mcdonald, showrooms of DCM.
10.
(i) They provide regular availability of goods.
(ii) They provide information on new products.
11.
Second hand goods shop.
12.
Wholesale trade.
13.
Hawkers and Peddlers.
14.
Itinerant traders are retailers who do not have a fixed place of operation. That is, they do not have a shop from where they sell their products. They are also known as mobile traders as they keep moving from place to place in order to sell their products.
15.
Internal trade refers to the buying and selling of goods and services within the domestic territory of a country. In other words, the process of exchanging goods and services within the national boundaries of a country is called internal trade.
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CBSE 11th Standard CBSE Subjects
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