Business Studies MCQ Class 11 Chapter 10: Check the below NCERT MCQ Questions for Business Studies MCQ Class 11 Chapter 10 with Answers Pdf free download. Business Studies MCQ Class 11 Chapter 10 Questions for Business Studies with Answers were prepared based on the latest exam pattern. We have provided Business Studies MCQ Class 11 Chapter 10 with Answers to help students understand the concept very well.

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Business Studies MCQ Class 11 Chapter 10

1. Wholesalers deals in _______ quantity of goods.
(a) Small
(b) Limited
(c) Large
(d) Medium

2. ______ are agents who merely bring the buyer and the seller into contact.
(a) Selling agent
(b) Commission agent
(c) Stockist
(d) Broker

3. ________ can check the price fluctuations in the market by holding back the goods when prices fall and releasing the goods when prices rise.
(a) Wholesaler
(b) Agent
(c) Retailer
(d) Mercantile agent

4. ______ are mobile traders who deal in low-priced articles with no fixed place of business.
(a) Street stalls
(b) Retailers
(c) Itinerant traders
(d) Agents

5. It is a network of a number of branches situated at different localities in the city or in different parts of the country.
(a) Multiple shops
(b) Consumers cooperative store
(c) Hire purchase system
(d) Internet marketing

6. The risk of bad debts in _______ business is eliminated, particularly when payment is received through V.P.P.
(a) Tele-shopping
(b) Mail order trading house
(c) Departmental store
(d) Cooperative store

7. ______ helps disabled and elderly people.
(a) Tele-shopping
(b) E-commerce
(c) Multiple shops
(d) Installment system

8. An agent is appointed by the _______.
(a) Principal
(b) Manufacturer
(c) Wholesaler
(d) Retailer

9. The persons who come in between the primary producer and the final consumer to promote trade is called as ________.
(a) Trader
(b) Middleman
(c) Auctioneer
(d) Agent

10. ________ aims to economise by buying in common and to retain their profits by selling in common.
(a) Multiple shops
(b) Web marketing
(c) Teleshopping
(d) Consumers cooperative store

11. The purchase of goods from a foreign country is called _______.
(a) Entreport
(b) Import
(c) Re-export
(d) Export

12. When goods are imported for the purpose of export is called as _________.
(a) Foreign trade
(b) Entrepot
(c) Home trade
(d) Trade

13. This retail business acts as a universal supplier of a wide variety of products.
(a) Departmental store
(b) Multiple shops
(c) Mail-order business
(d) Tele-shopping

14. Small scale fixed retailers includes _______.
(a) Hawkers
(b) Pedlars
(c) Cheap Jacks
(d) General stores

15. A warehouse keeper accepts goods for the purpose of _________.
(a) Selling
(b) Packaging
(c) Export
(d) Storage

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