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CBSE Class 11 Business Studies Important …

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CBSE Class 11 Business Studies Important Questions Chapter 9 Internal Trade Very Short Questions (1 Mark Each) Q1. Define Trade Q2. List the two broad categories of trade. Q3. Which shops deal in specific line products? Q4. Give two examples of chain stores. Q5. Mail order Houses provide a lot of convenience to the customers, yet they are not very popular, why? Give one reason. Q6. What are Vending Machines? Q7. Which type of goods are suitable for vending machines? Q8. Name any two organizations which have been playing a catalytic role in strengthening internal trade. Q9. Write the full form of ATM. Q10. Write the full form of CII. Q11. Distinguish between a wholesaler and retailer. Give only one point of difference. Q12. Name the document used in internal trade when goods are transported by railways. Q13. Sandeep& Sons, Delhi orders pearl jewellery from Nasir Bros, Hydrabad.They enter into a contract and makes certain that the payment will be made only on receiving the goods at Delhi in their Shop. Identify the term of trade in the above example. Q14. Sativa Spices Ltd. selling spices to Rajesh Bros. agrees to pay all the expenses up to
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