Q.1
Which of the following are the limitations of Multiple shops?
  • Limited selection of goods
  • Lack of initiative
  • Lack of personal touch
  • All of the above
Q.2
Which of these is not a feature of departmental store.
  • Elimination of middlemen
  • Centralized buying and Decentralized selling
  • Shopping Convenience
  • Cash and Carry
Q.3
It is characteristics of …… where in one roof goods are sold by making different departments:
  • (a) Multiple shops
  • (b) Departmental stores
  • (c) Wholesale trade
  • (d) None of these.
Q.4
Shop where manufacturer also sells the goods:
  • (a) Chain shops
  • (b) Departmental shops
  • (c) Hawkers
  • (d) Stall shops.
Q.5
Which is not related to the trade by moving from one place to another:
  • (a) Hawkers
  • (b) Street sellers
  • (c) Peddlers
  • (d) Street shops.
Q.6
The type of retail business acts as a supplier of a wide variety of products under one roof:
  • a) Departmental store
  • b) Chain-store
  • c) Mail-order house
  • d)Multiple-shop
Q.7
Which of the following risks borne by the retailers?
  • Storage risk
  • Pilferage risk
  • Risk of obsolescence
  • All of the above
Q.8
Number of sellers in the automatic vending machine:
  • (a) One who sell goods
  • (b) Not even one
  • (c) One who received goods
  • (d) Two, one seller and other receiving payment
Q.9
Which is not characteristic of wholesaler:
  • (a) Selling goods on large scale
  • (b) Direct relation with customers
  • (d) Trade of limited goods
Q.10
Number of goods sold in wholesale trade is :
  • (a) More
  • (b) One
  • (c) Less
  • (d) None of these
Q.11
Which of the following is not a feature of departmental store
  • a)24x 7 shopping
  • b)Wide range of products
  • c) Large in size
  • d) Located at a central place
Q.12
Which of the following is not the type of goods sold by speciality shops:
  • a) Children’s garment
  • b) Ladies shoes
  • c) Toys and gifts
  • d)Used books
Q.13
(-2,can be written in inequality notation as:
  • -2 < x > 12
  • -2 > x > 12
  • -2 < x <12
  • None of these
Q.14
How does this agreement negatively affect the U.S. economy? Use the information below to answer the question. Under the North American Free Trade Agreement (NAFTA), the last restrictions on U.S.–Mexican agricultural trade were removed inBetweenandthe value of agricultural exports to Mexico increased by 23%, and the value of imports from Mexico increased byfor the main commodities that had been subject to those restrictions.
  • U.S. consumers will pay higher prices for Mexican products.
  • U.S. farmers will experience more competition
  • U.S. agricultural production will become less efficient.
  • U.S. foreign relations with Mexico will suffer.
Q.15
Write the following in interval notation x < 8
  • (8, ∞)
  • (8, -∞)
  • (-∞, 8)
  • [-∞, 8]
Q.16
Express the following in Interval Notation-9 < x < -8.5
  • [-9, -8.5]
  • [-9, -8.5)
  • (-9, -8.5]
  • (-9, -8.5)
Q.17
Express the following in Interval Notation -9 < x ≤ -4
  • [-9, -4]
  • (-9,-4]
  • [-9, -4]
  • (-9,-4)
Q.18
Express the following in Interval Notation-9 < x ≤ -4
  • [-9, -4]
  • (-9,-4]
  • [-9, -4]
  • (-9,-4)
Q.19
Express the following in Interval Notation-8 ≤ x < 8
  • [-8, 8]
  • [-8,8)
  • (-8, 8]
  • (-8, 8)
Q.20
Which one is not the tax slab of GST?
  • a)5%
  • b)14%
  • c)18%
  • d)28%
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