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MCQs for Class 11 Business Studies Chapter 10: Central Board of Secondary Education(CBSE) has revised its Syllabus for the current academic session 2023-2024. The revised CBSE Syllabus 2024 has been attached below for your reference. As per the latest syllabus, certain topics and chapters from the Class 11 Business Studies textbook have been deleted. We have also attached deleted syllabus below for your convenience. As per the latest Sample Paper 2024, the question paper design for current and upcoming academic sessions has been revised by the inclusion of MCQ-type questions in it.
Multiple-Choice Questions(MCQs) are practical assessments of your theoretical concepts. It tests you on grounds of soft skills such as problem-solving, critical thinking, retaining power, clarity of thought, clarity of textual knowledge, general awareness, and much more. They are so designed to prepare students for competitive exams and tougher assessments, that you might face ahead in life. Thus, practicing MCQs is important not only from an academic point of view but also from a knowledge perspective.
Related:
CBSE Class 11 Business Studies Revised Syllabus 2023-2024 (PDF)
MCQs for CBSE Class 11 Business Studies Chapter 1
MCQs for CBSE Class 11 Business Studies Chapter 2
MCQs for CBSE Class 11 Business Studies Chapter 3
MCQs for CBSE Class 11 Business Studies Chapter 4
MCQs for CBSE Class 11 Business Studies Chapter 5
MCQs for CBSE Class 11 Business Studies Chapter 6
MCQs for CBSE Class 11 Business Studies Chapter 7
MCQs for CBSE Class 11 Business Studies Chapter 8
MCQs for CBSE Class 11 Business Studies Chapter 9
MCQs for CBSE Class 11 Business Studies Chapter 10 Internal Trade
Here, we have provided to you with a list of important MCQs for Class 11 Business Studies Chapter 10 Internal Trade. All the MCQs are based on the topics present in the chapter. A PDF download link for the same has also been made available to you. These MCs will focus on ensuring that the basic concepts of students' related to the imp[ortant topics from the chapters and clear and to the point.
1.Which of the following come under fixed shop retailers?
(a) General stores
(b) Multiple shops
(c) Departmental stores
(d) Chain stores
Answer. d) Chain Stores
2.Identify from the below which are not the characteristics of Fixed shop retailers?
(a) Dealing with different products
(b) Have greater resources
(c ) Independent shops of Temporary nature facilities
(d) Mostly provides credit
Answer. c) Independent shops of Temporary nature facilities
3.Which one of the following is the fixed shop small retailer?
(a) Departmental stores
(b) Specialty shops
(c) Itinerant retailers
(d) Market traders
Answer. b) Specialty shops
4.Retailers who have no fixed place of sale are called_____
(a) Itinerant retailers
(b) Street traders
(c) Market traders
(d) Hawkers
Answer. a) Itinerant retailers
5.Which type of retailer provides door-to-door services to their customers?
(a) Street traders
(b) Peddlers and hawkers
(c) General stores
(d) Street stallholders
Answer. b) Peddlers and hawkers
6.Which of the following is not a type of itinerant retailers
(a) Market traders
(b) Street stallholders
(c) Cheap jacks
(d) Peddlers and hawkers
Answer. b) Street stallholders
7.Which of the following is not the type of goods sold by specialty shops:
(a) Children‘s garment
(b) Ladies' shoes
(c) Toys and gifts
(d) Used books
Answer. d) Used books
8.The orders are received, and goods are mailed directly to the buyers in which form-
(a) Departmental store
(b) Chain store
(c) Shopping mall
(d) Mail-order house
Answer. d) Mail-order house
9.Which of the following is not a feature of the departmental store
(a) 24x7 shopping
(b) Wide range of products
(c) Large in size
(d) Located at a central place
Answer. a) 24x7 shopping
10.Stores which are not coming under the category of fixed shops.
(a) General stores
(b) Street stallholders
(c) Second-hand goods shops
(d) Mail Order House
Answer. d) Mail order House
11.How many types of itinerant retailers are there?
(a) One
(b) Four
(c) Three
(d) Two
Answer. b) Four
12.Small retailers who are commonly found in places with huge populations are called _______
(a) Market traders
(b) Second-hand goods shop
(c) Peddlers and hawkers
(d) Street retailers
Answer. d) Street retailers
13.Which of the following is a service offered by the wholesaler to a retailer
(a) Facilitate production continuity
(b) Facilitates large-scale production
(c) Risk sharing
(d) Storage
Answer. c) Risk sharing
14.Wholesale trade refers to
(a) Exporting goods and services
(b) Importing goods and services
(c) Buying and selling of goods and services in large quantities
(d) Buying and selling of goods and services in small lots
Answer. c)Buying and selling of goods and services in large quantities
15.Which type of service is not offered by retailers to manufacturers and wholesalers?
(a) New product information
(b) Personal selling
(c) Helps in promotion
(d) Helps in the distribution of goods
Answer. c) Helps in promotion
To download MCQs for Class 11 Business Studies Chapter 10, click on the link below
We would advise students to answer the MCQs without checking the answer first. Then, they can verify if their answers are correct or not by cross-checking the answers presented below. This would let you acknowledge your preparation level while informing you about the changes required.
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