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CONTENTS
Accountancy
Commerce
Economics
Statistics
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Question-1
A ______ has been defined as a trading intermediary engaged in the distribution of goods to the ultimate consumer.
(A)
Retailer
(B)
Wholesaler
(C)
Broker
(D)
None of these
Question-2
_______ are also persons who trade on foot, but carry their goods on their head or shoulders.
(A)
Cheap Jacks
(B)
Pedlars
(C)
Market Traders
(D)
None of these
Question-3
Trade act as a connecting link between the producer and
(A)
Retailer
(B)
Consumer
(C)
Wholesaler
(D)
None of these
Question-4
_______ means importing of goods from one country and exporting the same to other foreign countries.
(A)
Import Trade
(B)
Export Trade
(C)
Entrepot Trade
(D)
None of these
Question-5
A retail business carried on in a properly established shops is called as
(A)
Speciality shops
(B)
General stores
(C)
Street stores
(D)
None of these
Question-6
A ______ agent buys and sells goods in return for a commission.
(A)
Commission Agent
(B)
Del credere Agent
(C)
Broker
(D)
None of these
Question-7
________ are mobile traders who deal in low priced articles like fruits, vegetables, fish, glassware, clothing, books etc.
(A)
Brokers
(B)
Intinerant Retailers
(C)
Commission Agents
(D)
None of these
Question-8
_______ are agents who sell goods by auction on behalf of their principles.
(A)
Brokers
(B)
Auctioneers
(C)
Commission Agents
(D)
None of these
Question-9
Small scale fixed retailers includes
(A)
General Stores
(B)
Pedlars
(C)
Cheap Jacks
(D)
Hawkers
Question-10
________ is carried on within the boundaries of a particular country.
(A)
Foreign Trade
(B)
Home Trade
(C)
Entrepot Trade
(D)
None of these
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Plus 1 Commerce
Tamil Nadu (English Medium)
Practice in Related Chapters
Banking
Internal Trade- Small Scale Retail Organisation
International Trade
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