Worksheet: Internal Trade | Business Studies (BST) Class 11 - Commerce PDF Download

Multiple Choice Questions

Q2: Who are the intermediaries that help in the distribution of goods to consumers?
(a) Manufacturers
(b) Retailers
(c) Wholesalers
(d) Both B and C

Q3: What is the main objective of trade?
(a) To provide services
(b) To earn profits
(c) To create employment
(d) To support local businesses

Q4: Which of the following is considered a type of retail trade?
(a) Wholesale trade
(b) Departmental store
(c) Internal trade
(d) External trade

Q5: What does 'cash on delivery' mean?
(a) Payment made before delivery
(b) Payment made at the time of delivery
(c) Payment made after delivery
(d) None of the above

Fill in the Blanks

Q2: The purchase and sale of goods in large quantities is referred to as __________ trade.

Q3: Retailers sell goods in __________ quantities.

Q4: A __________ is a retail establishment that sells a variety of goods in separate departments.

Q5: The __________ is responsible for collecting market information beneficial to manufacturers.

True or False

Q2: Wholesalers sell directly to the final consumers.

Q3: Retail trade is not necessary for the distribution of goods.

Q4: The Goods and Services Tax (GST) aims to simplify the tax structure across India.

Q5: All sales in multiple shops are made on credit.

Match the Following

Short Answer Questions

Q2: What are the two main types of internal trade?

Q3: How do wholesalers help retailers?

Q4: What is a supermarket and what makes it special?

Q5: What is the role of chambers of commerce in trade?

Long Answer Questions

Q2:Discuss the roles of wholesalers and retailers in the internal trade system. How do they contribute to the movement and availability of goods in the market?