Internal Trade

Q.

What is meant by internal trade?

Q.

What is the advantage of a mall?

1. Attract large number of customers

2. Wide choice.

3. All of these

4. Convenience in shopping

Q.

The purchase of goods from a foreign country is called___ .

1. Import

2. Entreport

3. Re-Export

4. Export

Q.

What is the major reason underlying trade between nations.

Q.

Specify the characteristics of fixed shop retailers.

Q.

A warehouse keeper accepts goods for the purpose of __

1. packaging

2. export

3. storage

4. selling

Q.

___ retailers are traders who do not have a fixed place of business to operate from.

1. Market traders

2. Itinerant retailers

3. Fixed shop retailers

4. None of the above

Q.

Buying and selling of goods within the geographical limits of a country is known as?

1. Internal Trade

2. External Trade

3. Barter system

4. None of the above

Q. trade involves buying and selling of goods within the boundaries of the nation.

1. International
2. Internal
3. Domestic
4. Surplus

Q.

Mobile traders who deal in low priced articles with no fixed place of business are called?

1. Street stalls

2. Retailers

3. Itinerant traders

4. Agents

Q.

What kind of goods do wholesalers deal in?

1. small

2. limited

3. large

4. medium

Q.

Explain the usefulness of mail orders houses. What type of products are generally handled by them? Specify.

Q.

Identify the type of itinerant trader from the following:

a) Traders who open their shop on fixed day.
b) Petty retailer who have temporary independent shops.
c) Traders commonly found in populated area.

Q.

Mention two features of itinerant retailers.

Q.

A Pan Masala seller put up a stall outside a school where a large number of school kids started buying pan masala. He did not mention even the tobacco contents on the packet, what values are ignored here?

1. Value of not informing about complete contents of pan masala

2. Value of encouraging children to develop habit of eating pan masala

3. Value of not following government rule of not selling tobacco product to a person below the age of 18

4. None of the above

Q.

Wholesale trade refers to?

1. Buying and selling of goods and services in large quantities for the purpose of resale or intermediate use.

2. None of the above

3. Exporting goods and services

4. Importing goods and services

Q.

Specify the features of fixed shop retailers.

Q.

What is the major reason underlying for trade between nations ?

Q.

What do the 4P's consist of?

1. Price, Product, Promotion Place

2. Price, Product, Personal touch, Promotion.

3. Price, Product, Planning , Place

4. None of the above

Q. Select the proper option from the options given below and rewrite the sentences.

There is no salesman in the ________ shop.

(a) Department
(b) Supermarket
(c) Chain Store

Q. are generally located in residential areas.

1. Wholesalers
2. Manufacturers
3. Retailers

Q.

Purchase of goods from a local shop or a mall or an exhibition are examples of___ .

1. Internal trade

2. International trade

3. None

4. External trade

Q. Write short notes on the following.

Classification of foreign Trade.

Q. Internal trade and international trade

Q. Write short answers of the following

Give classification of foreign Trade in brief.

Q. The Indian Chambers of Commerce and Industry has been playing a catalytical role in strengthening____________ to make it an important part of overall economic activity.

1. external trade
2. agricultural activities
3. internal trade
4. none of the above