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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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