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Internal Trade MCQ Questions & Answers

Internal Trade MCQs : This section focuses on the "Internal Trade". These Multiple Choice Questions (MCQs) should be practiced to improve the Internal Trade skills required for various interviews (campus interview, walk-in interview, company interview), placement, entrance exam and other competitive examinations.

Question 1

Agents are appointed by?

A. Manufacturer
B. Wholesaler
C. Retailer
D. Principal

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Question 2

Goods imported for the purpose of export is known as

A. Home trade
B. Foreign trade
C. Entrepot
D. Trade

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Question 3

Mobile traders who deal in low priced articles with no fixed place of business are called

A. Street stalls
B. Retailers
C. Agents
D. Itinerant traders

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Question 4

One example of Small scale Fixed retailers among these is

A. Pedlars
B. General stores
C. Hawkers
D. Cheap Jacks

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Question 5

Purchasing goods from foreign country is called

A. Import
B. Entrepot
C. Export
D. Re-Export

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Question 6

These are agents whose function is to bring the buyer and the seller into contact

A. Commission agent
B. Selling agent
C. Broker
D. Stockist

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Question 7

This retail business acts as a universal supplier of a wide variety of products

A. Multiple shop
B. Mail order Business
C. Tele-shopping
D. Departmental store

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Question 8

Which among the following is not concerned with Chambers of Commerce & Industry


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Question 9

Who among the following appoints the agent

A. Principal
B. Retailer
C. Manufacturer
D. Wholesaler

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Question 10

Who among these can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices rise

A. Agent
B. Mercantile agent
C. Wholesaler
D. Retailer

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