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Commerce Exam  >  Commerce Notes  >  Business Studies (BST) Class 11  >  Worksheet: Internal Trade

Worksheet: Internal Trade

Multiple Choice Questions

Q1: What type of trade occurs within the boundaries of a country?
(a) External trade
(b) Internal trade
(c) Wholesale trade
(d) Retail trade

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

Q1: Buying and selling of goods and services within a country is known as __________.

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

Q1: Internal trade includes both wholesale and retail trade.

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

Match the Following

Short Answer Questions

Q1: What is trade and why is it important for people and countries?

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

Q1: Explain the concept of internal trade and its significance in the economy. Discuss the different types of internal trade and the roles they play in the distribution of goods.

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?

You can access the solutions to this worksheet here.

The document Worksheet: Internal Trade is a part of the Commerce Course Business Studies (BST) Class 11.
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FAQs on Worksheet: Internal Trade

1. What is internal trade commerce?
Ans.Internal trade commerce refers to the buying and selling of goods and services within a single country. It includes transactions between businesses, between businesses and consumers, and between different regions of a country. This type of trade is essential for the economic stability and growth of a nation as it helps in distributing resources and products efficiently across various markets.
2. What are the benefits of internal trade commerce?
Ans.Internal trade commerce offers several benefits, including increased market access for businesses, enhanced competition that can lead to better prices for consumers, and a more efficient allocation of resources. Additionally, it supports local economies by creating jobs and fostering entrepreneurship, which can lead to overall economic growth.
3. How does internal trade differ from external trade?
Ans.Internal trade, or domestic trade, occurs within a country’s borders, while external trade, or international trade, involves the exchange of goods and services between countries. Internal trade is generally subject to local laws and regulations, whereas external trade must navigate international agreements, tariffs, and import/export regulations.
4. What role do government policies play in internal trade commerce?
Ans.Government policies significantly influence internal trade commerce by establishing regulations, tariffs, and incentives that can either facilitate or hinder trade activities. Policies that promote fair competition, protect consumers, and support local businesses can enhance internal trade, while restrictive policies may limit market access and economic growth.
5. How can businesses effectively engage in internal trade commerce?
Ans.Businesses can effectively engage in internal trade commerce by understanding their target markets, utilizing efficient distribution channels, and leveraging digital platforms for marketing and sales. Additionally, maintaining good relationships with suppliers and customers, adapting to local preferences, and staying informed about market trends and regulations are crucial for success in internal trade.
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Apr 14, 2026 Last updated
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