Internal Trade

What is the primary objective of internal trade?

1. To increase international competition only
2. To ensure the smooth distribution of goods and services within the country
3. To promote foreign exchange earnings only
4. To reduce domestic production

Which factor distinguishes wholesale trade from retail trade?

1. Wholesalers sell directly to consumers.
2. Retailers purchase goods in bulk from manufacturers.
3. Wholesalers sell goods mainly to retailers, while retailers sell to final consumers.
4. Both perform exactly the same function.

Which service is commonly provided by retailers to increase customer satisfaction?

1. Mining
2. After-sales service
3. Manufacturing machinery
4. Export licensing

Which of the following is an example of organized retail trade?

1. Hawker
2. Street Vendor
3. Departmental Store
4. Peddler

Why are wholesalers important in internal trade?

1. They manufacture products.
2. They connect manufacturers with retailers.
3. They collect taxes only.
4. They transport passengers.

Which retail organization operates through multiple branches under common ownership?

1. Chain Store
2. Hawker
3. Peddler
4. Weekly Market

Which institution provides goods to consumers through mail or courier without requiring them to visit a shop?

1. Mail Order Business
2. Hawker
3. Weekly Market
4. Street Vendor

Which retail format allows customers to select goods themselves without assistance from salespersons?

1. Hawker
2. Supermarket
3. Weekly Market
4. Mobile Vendor

Which of the following is NOT a function of a wholesaler?

1. Warehousing
2. Transportation
3. Manufacturing goods
4. Providing market information

Which type of retailer moves from one place to another to sell goods?

1. Departmental Store
2. Supermarket
3. Itinerant Retailer
4. Chain Store

Which of the following is an example of a large-scale retail organization?

1. Hawker
2. Street Vendor
3. Departmental Store
4. Itinerant Trader

The main function of a retailer is to:

1. Manufacture goods
2. Sell goods directly to final consumers
3. Export products to foreign countries
4. Produce raw materials

Who purchases goods directly from manufacturers in large quantities?

1. Consumer
2. Retailer
3. Wholesaler
4. Government

Internal trade is mainly divided into:

1. Import and Export Trade
2. Wholesale Trade and Retail Trade
3. Inland and Foreign Trade
4. Manufacturing and Production

What is meant by Internal Trade?

1. Trade between two countries
2. Trade conducted within the boundaries of a country
3. Trade through the internet only
4. International exchange of services