Internal Trade - Questions

Q. What do you mean by Internal Trade?

Q. Who are Itinerant retailers?

Q. Large quantity buying is characteristic of which trade?

Q. Goods with little defects are sold as  what type of goods?

Q. Used goods are bought and sold in which type of shops?

Q. What do you mean by retailers?

Q. Who are wholesalers?

Q. Explain the services of retailer to the customers and wholesalers.

Q. Explain the services of wholesalers to the customers and manufacturers.

Q. In which business are goods bought and sold through postal services?

Q. Name the machine in which goods are bought and sold by inserting coins.

Q. Give the full form of FICCI.

Q. What type of goods are suitable for vending machines?

Q. What is meant by Automatic vending machines?

Q. Explain the features of retail trade.

Q. Explain the functions of retailers.

Q. Explain the features of wholesale trade.

Q. Explain the functions of wholesalers.

Q. Differentiate between itinerant retailers and fixed shop retailers.

Q. What are the different types of small scale retailers?

Q. What are the different types of Large scale retailers?

Q. What is a Super Bazaar? Write its merits and demerits.

Q. What is the difference between a hawker and a peddler?

Q. Give the difference between single line store and specialty store.

Q. Give the difference between seconds shop and second hand goods shop.

Q. What difficulties will be faced by the manufacturers if wholesalers are eliminated?

Q. Are you in favor of eliminating wholesalers from the market? Explain with reasons.

Q. Do you think wholesalers can be eliminated? Explain your answer with reasons.

Q. What difficulties will be faced by the consumers if retailers are eliminated?

Q. What will be the benefits to the consumers if wholesalers are eliminated?

Q. What is a consumer cooperative store? Write its merits and demerits.

Q. What is a mail order shop? Write its merits and demerits.

Q. What is a Departmental store? Write its merits and demerits.

Q. Explain the meaning, merits and demerits of Chain Stores.

Q. Write a note on shopping malls.

Q. Describe the role and functions of the CII.

Q. Mentions the name and features of the store in which there are a number of departments in the same building selling different types of goods.

Q. Name the retail organization where same type of commodities are sold at uniform prices located all over the country. What are the features of such organization?

Q. Differentiate between Departmental stores and Chain stores.

 

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MCQs from Internal Trade