1st Year Principles of Commerce Chapter 11 TestRetail Trade

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

1. The small retailer sell their goods:

   1. On credit

   2. On cash

   3. On cash to rich and on credit to poor

   4. All of the above

2. Mobile retailer is an ancient kind of:

   1. Wholesaling

   2. Retailing

   3. Agency

   4. All of the above

3. The quantity of advertisements in a departmental store is:

   1. More

   2. Less

   3. Reasonable

   4. None

4. The small retailers work:

   1. At one place

   2. In street

   3. On medium scale

   4. On large scale

5. The gods are sold in a chain store at:

   1. One price

   2. Different price

   3. Fixed price

   4. All the above

6. All the sections of a departmental store can be found in:

   1. Four buildings

   2. Two buildings

   3. One building

   4. Many buildings

7. A retailer has a direct contact with:

   1. Consumers

   2. Wholesaler

   3. Both A and B

   4. Manufacturer

8. A retailer buys good from following market:

   1. National

   2. Local

   3. International

   4. All of the above

9. A retailer generally buys goods from the:

   1. Government

   2. Wholesaler

   3. Industrialist

   4. All the above

10. A consumer has a direct link with:

    1. Retailer

    2. Wholesaler

    3. Industrialist

    4. Agent