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Class 11 Business Studies: Internal Trade — Chapter Test 1

Class 11 • Business Studies • Internal Trade • Chapter Test

MediumFREE

15

Questions

20 min

Duration

15

Marks (1 each)

No

Negative marking

Original practice questions with full solutions by ExamPortal.

Instructions

  • • Read each question carefully and pick the correct answer.
  • • You can mark questions for review and come back to them.
  • • Answers are saved automatically.
  • • The test is submitted automatically when time runs out.

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This test is completely free.

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SYLLABUS & QUESTION BLUEPRINT

Sample Practice Questions

Preview 5 sample questions from this 15-question test. Test your knowledge below or take the full exam in timed CBT mode.

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Question 1 of 15
Internal trade refers to buying and selling:
A
between countries
B
within the boundaries of a country
C
only online
D
only in cities
View Correct Answer & Step-by-Step Solution
Correct Option:(B)within the boundaries of a country

Detailed explanation is available inside the official test attempt review.

Question 2 of 15
Wholesale trade involves:
A
selling to final consumers
B
buying in large quantities from producers and selling to retailers
C
manufacturing
D
importing only
View Correct Answer & Step-by-Step Solution
Correct Option:(B)buying in large quantities from producers and selling to retailers

Detailed explanation is available inside the official test attempt review.

Question 3 of 15
Retail trade involves selling:
A
in bulk to shops
B
in small quantities to final consumers
C
abroad
D
to government
View Correct Answer & Step-by-Step Solution
Correct Option:(B)in small quantities to final consumers

Detailed explanation is available inside the official test attempt review.

Question 4 of 15
Itinerant retailers are those who:
A
have fixed shops
B
do not have a fixed place of business
C
sell only online
D
are wholesalers
View Correct Answer & Step-by-Step Solution
Correct Option:(B)do not have a fixed place of business

Detailed explanation is available inside the official test attempt review.

Question 5 of 15
A departmental store:
A
sells one product
B
offers a wide variety of goods under one roof in different departments
C
is a street stall
D
is mobile
View Correct Answer & Step-by-Step Solution
Correct Option:(B)offers a wide variety of goods under one roof in different departments

Detailed explanation is available inside the official test attempt review.

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Frequently asked questions

How many questions are there in Class 11 Business Studies: Internal Trade — Chapter Test 1?

There are 15 questions to answer in 20 min. Each correct answer gives 1 mark, for a total of 15 marks.

Is there negative marking?

No. Wrong answers do not lose marks, so attempt every question.

Is this mock test free?

Yes, it is completely free. Just log in with your email to start.

What does this test cover?

It covers the chapter "Internal Trade" of Class 11 Business Studies. All questions are original, with a full solution for each.

Will I see my result and the solutions?

Yes. Right after you submit you get your score, accuracy, rank and percentile, and you can review every question with the correct answer and a step-by-step explanation.

Can I take this test again?

Yes, you can retake it as many times as you like and compare your scores.