Tamil Nadu (English Medium) Plus 1 Commerce Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in


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Question-1 _________ is a trade between one country with another country.

(A) Home Trade	(B)Foreign Trade
(C)Both of these	(D)None of these

Question-2 _________ can check the price fluctuation in the market by holding back the goods when prices fall and releasing the goods when prices raise.

(A) Agent	(B)Mercantile Agent
(C)Wholesaler	(D)Retailer

Question-3 _______ are mobile traders who deal in low priced articles with no fixed place of business.

(A) Retailers	(B)Agents
(C)Street stalls	(D)Intinerant traders

Question-4 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-5 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-6 A ______ is one who bargains for another and receives commission for doing so.

(A) Factor	(B)Commission agent
(C)Broker	(D)None of these

Question-7 _______ 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-8 ________ are agents who merely bring the buyer and the seller into contact.

(A) Broker	(B)Commission Agent
(C)Selling Agent	(D)Stocklist

Question-9 Trade may be classified into _______ and _______.

(A) Import and Export Trade	(B)Wholesale and Retail Trade
(C)Home and Foreign Trade	(D)None of these

Question-10 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

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Plus 1 Commerce

Tamil Nadu (English Medium)

Practice in Related Chapters
Banking
Internal Trade- Small Scale Retail Organisation
International Trade
Salesmanship and Consumerism
Advertising
Insurance
Warehouse
Transport

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