Q.1
What is the exemption limit for a person to pay GST?
  • a)10 Lakh
  • b)30 Lakh
  • c)20 lakh
  • d) 40 lakh
Q.2
The main disadvantage of departmental store
  • a) Centrally located
  • b) Operating cost is too high
  • c) Attractive services
  • d)Promotion of sales
Q.3
Small retailers who are commonly found at places with huge population are called
  • a) Market traders
  • a) Second hand goods shop
  • a) Peddlers and hawkers
  • Street retailers
Q.4
A large establishment offering a wide variety of products under one roof is known as...
  • Wholesaler
  • Departmental stores
  • Multiple stores
  • General store
Q.5
Intermediaries that buy goods in large quantities from wholesalers and sells them in small quantities to the ultimate consumers are known as..
  • Manufacturer
  • Wholesalers
  • Retailers
  • suppliers
Q.6
Who is a link between wholesalers and consumers?
  • Manufacturers
  • Wholesalers
  • Retailers
  • None of the above
Q.7
Personal selling is where businesses use people to sell the product after meeting face-to-face with the customer.
  • True
  • False
Q.8
The channel of distribution ends at ....
  • Manufacturers
  • wholesalers
  • Retailers
  • Consumers
Q.9
Which of the following is not a type of Large scale Retailers?
  • Departmental stores
  • Chain stores
  • Grocery Stores
  • Mall
Q.10
Chamber of commerce is voluntary organization for industries and business.
  • True
  • False
Q.11
Business by post is a example of retail trade
  • True
  • False
Q.12
Multiple stores are flourish in all over country.
  • True
  • False
Q.13
Sale of specific line of products by these vendors.
  • (a) Speciality shops
  • (b) Mail Order Houses
  • (c ) Secondhand goods shops
  • (d) Departmental stores
Q.14
The decoration of chain stores are same in everywhere.
  • True
  • False
Q.15
Super bazar is a biggest retail institute..
  • True
  • False
Q.16
Chamber of commerce works for the interest of industries and business.
  • True
  • False
Q.17
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.18
Price is same in :
  • (a) Retail trade
  • (b) Chain shop
  • (c) Super bazar
  • (d) None of these
Q.19
Retail seller sold goods to :
  • (a) Wholesaler
  • (b) Consumers
  • (c) Departmental stores
  • (d) All of the above
Q.20
Which do not come in fixed retail sellers:
  • (a) General store
  • (b) Departmental store
  • (c) Hawkers and peddlers
  • (d) Chain stores.
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