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Punjab (PTB) · Chapter test · Free

1st Year Principles of Commerce Chapter 10 TestWholesale Trade

30 marks · 40 minutes · 21 questions. Covers: CHAP 10: Wholesale Trade.

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1st Year Principles of Commerce Chapter 10 Test

1st Year · Principles of Commerce · Punjab (PTB)

Name: ____________Roll No: ________Class/Section: ________Date: ________Total marks: 30Time: 40 minutes

Q1. Multiple choice questions (Attempt all · 10 × 1 = 10)

  1. The wholesaler creates a link between:

    1. Retailer and consumer

    2. Retailer and manufacturer

    3. Consumer and manufacturer

    4. All the above

  2. The wholesaler informs the public about his products through:

    1. Letters

    2. Telephone

    3. Advertisements

    4. All the above

  3. The trick jobbers has a business of:

    1. Furniture

    2. Medicines

    3. Eatables

    4. Sports goods

  4. The collective profit of wholesaler is:

    1. Less

    2. More

    3. Reasonable

    4. None of the above

  5. The quantity of goods in the go down of wholesaler is:

    1. Reasonable

    2. More

    3. Less

    4. None

  6. A wholesaler buys goods in:

    1. Reasonable quantity

    2. Abundant quantity

    3. Less quantity

    4. Does not buy or sell

  7. The manufacturer and wholesalers make their goods:

    1. Themselves

    2. From others

    3. Does not manufacture

    4. Both A and B

  8. The wholesaler sells his goods to:

    1. Consumer

    2. Retailer

    3. Manufacturer

    4. All the above

  9. A wholesaler makes it easy for:

    1. Retailer

    2. Manufacturers

    3. Retailer and Manufacturer

    4. None of these

  10. The wholesaler gives order to manufacturers:

    1. In advance

    2. On spot

    3. According to need

    4. None of the above

Q2. Short questions (Attempt any 6 of 8 · 6 × 2 = 12)

  1. What are the functions of wholesaler?

  2. Define wholesaler.

  3. Define limited wholesaler and list down its types.

  4. What is meant by manufacturer wholesaler?

  5. What is meant by a proper wholesaler?

  6. Define a general and specialized wholesaler.

  7. What is meant by a merchant wholesaler?

  8. State the difference between importer and exporter wholesaler.

Q3. Long questions (Attempt any 2 of 3 · 2 × 4 = 8)

  1. Draw a diagram to show the organizational set up of wholesaler.

  2. Define wholesaler, give his characteristics and functions.

  3. Are there any disadvantages of wholesaler? Discuss.