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

Question-1 A _____ is a mercantile agent to whom goods are entrusted for sale by a principal.

(A) Broker	(B)Factor
(C)Auctioneers	(D)None of these

Question-2 ________ 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-3 Small scale fixed retailers includes

(A) General Stores	(B)Pedlars
(C)Cheap Jacks	(D)Hawkers

Question-4 _______ are small-scale petty retailers moving from door to door in residential areas to sell their goods.

(A) Pedlars	(B)Street Traders
(C)Market Traders	(D)Hawkers

Question-5 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-6 _______ 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-7 A warehouse keeper issue a _______warrant.

(A) Bill	(B)Warehouse
(C)Cash	(D)None of these

Question-8 Domestic trade is otherwise called as

(A) External trade	(B)Internal trade
(C)Foreign trade	(D)None of these

Question-9 The purchase of goods from a foreign country is called

(A) Import	(B)Export
(C)Entreport	(D)Re-Export

Question-10 _________ is a trade between one country with another country.

(A) Home Trade	(B)Foreign Trade
(C)Both of these	(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