New ! Commerce MCQ Practise Tests



Types of Trade Book Back Questions

11th Standard

    Reg.No. :
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Commerce

Time : 00:40:00 Hrs
Total Marks : 25
    3 x 1 = 3
  1. The purchase of goods from a Foreign Country is called _____.

    (a)

    Import

    (b)

    Export

    (c)

    Entrepot

    (d)

    Re-export

  2. _____ acts as a connective link between the producer and the consumer.

    (a)

    Trade

    (b)

    Industry

    (c)

    Commerce

    (d)

    Business

  3. Internal trade can be classified into _____ categories.

    (a)

    Three

    (b)

    Four

    (c)

    Two

    (d)

    Five

  4. 4 x 2 = 8
  5. Give the meaning of Trade?

  6. How do you classify Trade?

  7. What is Import trade?

  8. What is the currency used in India for Internal Trade?

  9. 3 x 3 = 9
  10. What is the classification of Foreign Trade?

  11. What is Wholesale trade?

  12. State the main aim of Trade.

  13. 1 x 5 = 5
  14. Explain briefly the different types of Foreign trade.

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