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G11-BST-Internal Itinerant Trade

Total questions: 28

Worksheet time: 15mins

Name
Class
Date
1.

Wholesale trade refers to

a)

a) Exporting goods and services

b)

b) Importing goods and services

c)

c) Buying and selling of goods and services in large quantities

d)

d) Buying and selling of goods and services in small lots

2.

The type of retail business acts as a supplier of a wide variety of products under one roof:

a)

a) Departmental store

b)

b) Chain-store

c)

c) Mail-order house

d)

d) Multiple-shop

3.

Chain stores are also called as Multiple Shops

a)

True

b)

False

4.

Select all the Services of Retailers to Consumers (Select 3)

a)

Storage

b)

New products information

c)

Convenience in buying

d)

Wide selection

5.

Which of these is a limitation of Departmental Store.

a)

Convenience in buying

b)

Huge investment

c)

Attractive services

d)

Promotion of sales

6.

Select all the Limitations of Chain Store.

a)

Lack of initiative and motivation

b)

Risk due to change in taste

c)

Inconvenient Location

d)

Limited choice

7.

This retail business acts as a universal supplier of a wide variety of products.

a)

Multiple shop

b)

Wholesalers

c)

Departmental Stores

d)

Retailers

8.

The wholesalers serves as a link between the

a)

Manufacturer and retailers

b)

Retailers and consumers

c)

Manufacturers and consumers

d)

None of the above

9.

Which of the following function is not performed by the retailers

a)

Risk bearing

b)

Selling goods in large quantities

c)

Grading of products

d)

None of the above

10.

Which of the following is not a type of Large scale Retailers?

a)

Departmental stores

b)

Chain stores

c)

Grocery Stores

d)

Mall

11.

Trade is part of

a)

Banking

b)

Insurance

c)

Transportation

d)

Commerce

12.

Trade removes the hindrance of

a)

Time

b)

Person

c)

Place

d)

Finance

13.

Buying goods in large quantities and selling in small lots

a)

Retailer

b)

Consumer

c)

Producer

d)

Wholesaler

14.

Which of the following are classifications of Trade

a)

Domestic trade

b)

Entrepot trade

c)

Retail trade

d)

International trade

15.

What are the classifications of internal trade?

a)

Retail

b)

Import

c)

Export

d)

Wholesale

16.

Wholesalers provide services to

a)

Producers

b)

Government

c)

Public

d)

Retailers

17.

Wholesalers do not provide credit facilities to retailers.

a)

True

b)

False

18.

Why is there no Bad Debt in Multiple Shop.

a)

Because of Centralised Management

b)

Because of Cash and Carry

c)

Because of Convenient location

d)

Because Centralized buying and decentralized selling.

19.

It refers to buying and selling of goods and services within the boundaries of a nation.

a)

Trade

b)

Internal Trade

c)

External Trade

d)

None of the above

20.

Big Bazar is the example of ..

a)

Departmental stores

b)

chain stores

c)

General stores

d)

Shop

21.

BATA is the example of ....

a)

Departmental stores

b)

chain stores

c)

Mall

d)

General stores

22.

Which of the following type of itinerant retailers mainly consists of repair of watches, shoes, buckets etc.

a)

Peddlers and Hawkers

b)

Cheap Jacks

c)

Market Traders

d)

Wholesalers

23.

Which of the following is not a type of itinerant retailers

a)

a) Market traders

b)

b) Street stall holders

c)

c) Cheap jacks

d)

d) Peddlers and hawkers

24.

Which type of retailers provides door to door services to their customers

a)

a) Street traders

b)

b) Peddlers and hawkers

c)

c) General stores

d)

d) Street stall holders

25.

They are small producers or petty traders who carry the products on a bicycle, a hand cart, a cycle-rickshaw or on their heads, and move from place to place to sell their merchandise at the doorstep of the customers. Identify.

a)

Peddlers and hawkers:

b)

Market traders:

c)

Street traders

d)

Cheap jacks

26.

The small retailers who are commonly found at places where huge floating population gathers. Identify

a)

Street Traders

b)

Jeap Jack

c)

Market traders

d)

Peddlers and hawkers

27.

____ are mobile traders who deal in low priced articles with no fixed place of business.

a)

Retailers

b)

Wholesalers

c)

None of these

d)

Itinerant Retailers

28.

Identify the type of Itinerant Retailers

a)

Cheap Jacks

b)

Producers

c)

Street Trade

d)

Peddlers and Hawkers