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Question

Rashmi is travelling from Mumbai to Pune in a bus. On her journey, she bought a packet of chips.

Identify the visible and invisible trade done by Rashmi.

A
Buying a packet of chips and the bus ride are both examples of visible trade.
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B
Buying a packet of chips and the bus ride are both examples of invisible trade.
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C
Visible trade: Buying a packet of chips
Invisible trade: Bus ride
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D
Visible trade: Bus ride
Invisible trade: Buying a packet of chips
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Solution

The correct option is C Visible trade: Buying a packet of chips
Invisible trade: Bus ride
Based on the type of product, trade is classified into visible and invisible. Buying a packet of chips, a tangible product, is visible trade, whereas the bus rise, an intangible service, is an invisble trade.

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