11th Commerce Monthly Test - 1 ( Types of Trade )

St. Britto Hr. Sec. School - Madurai

11th Commerce Monthly Test - 1 ( Types of Trade )-Aug 2020

Time : 2.30 Hours

Part - A

Multiple Choice Question - Answer All Question

The other name for Entrepot Trade is

Wholesale Trade
Re-export Trade
Export Trade
Home Trade

Selling of Tea from India to England - What type of trade is this?

Export
Import
Enterpot
Home

Internal trade can be classified in to _____ categories.

Three
Four
Two
Five

Trade transfers _____

Possessions of goods only
Ownership of goods only
Both (a) & (b)
None

The other name for internal trade is ..........trade.

domestic
export
import
foreign

Hero pens produced in China and sold in India is an example for ______________________trade

Foreign
Home
Export
Enterpot

When goods are Imported for the purpose of Export is called as _____.

Foreign Trade
Home Trade
Entrepot Trade
Trade

............trade equalizes the prices of goods throughout the world.

Home
Internal
Foreign
Water

When goods are sold to a foreign country it is called ............. trade

Internal
Import
Export
Entrepot

_______________________trade is a trade between a seller and buyer of different countries.

Foreign
Export
Entrepot
Home

Part - B

Generic 2 - Answer All Question

Explain the meaning of Entrepot trade.

What is the currency used in India for Internal Trade?

What is Internal trade?

Give the meaning of Trade?
Mr Vikram who runs a textile industry regularly procures cotton from Germany. Name the type of the trade he is engaged in?

TVS is selling motorbikes in Europe. Under which type of trade can this be classified?

What are the classification of Internal Trade?

What is Import trade?

When Vikram of India sells cotton shirts to Amal of England, what type of trade he is engaged in?

Where does Internal Trade takes place?

Part - C

Generic 3 - Answer All Question

How international trade is responsible for shortage of goods in home country and
exhaustion of natural resources?

What is meant by export trade and its need?

What do you mean by the term 'Entrepot Trade'? What is the need for it?

What is a Wholesale trade?

Write a short note on Entrepot Trade:
Name any three Retail Traders in your locality.

Explain the merits and demerits of International Trade.

What do you mean by the term international trade? Explain its need.

What is the classification of Foreign Trade?

Mention the objectives of Import Trade Policy.

Part - D

Generic 5 - Answer All Question

Explain the types of Internal Trade

What are the aims and needs of Foreign Trade?

Give an account of India's Important Export and Import items.

Mr. Kovalan completed his M.Com. degree and proposed to start a business dealing powerloom machines. After a complete analysis, it was found that it is better to buy from foreign countries than to buy from domestic manufacturers. So what is your opinion whether to purchase from foreign countries or from domestic manufacturers.

InstaQB

Institutions

12th Standard English Medium

12th Standard Tamil Medium

11th Standard English Medium

11th Standard Tamil Medium

10th Standard English Medium

9th Standard English Medium

8th Standard English Medium

7th Standard English Medium

Class XII

Class XI

12Th Standard

11Th Standard

10Th Standard

9Th Standard

11th Commerce Monthly Test - 1 ( Types of Trade )

St. Britto Hr. Sec. School - Madurai

11th Commerce Monthly Test - 1 ( Types of Trade )-Aug 2020

Part - A

Multiple Choice Question - Answer All Question

The other name for Entrepot Trade is

Selling of Tea from India to England - What type of trade is this?

Internal trade can be classified in to _____ categories.

Trade transfers _____

The other name for internal trade is ..........trade.

Hero pens produced in China and sold in India is an example for ______________________trade

When goods are Imported for the purpose of Export is called as _____.

............trade equalizes the prices of goods throughout the world.

When goods are sold to a foreign country it is called ............. trade

_______________________trade is a trade between a seller and buyer of different countries.

Part - B

Generic 2 - Answer All Question

Explain the meaning of Entrepot trade.

What is the currency used in India for Internal Trade?

What is Internal trade?

Give the meaning of Trade?

Mr Vikram who runs a textile industry regularly procures cotton from Germany. Name the type of the trade he is engaged in?

TVS is selling motorbikes in Europe. Under which type of trade can this be classified?

What are the classification of Internal Trade?

What is Import trade?

When Vikram of India sells cotton shirts to Amal of England, what type of trade he is engaged in?

Where does Internal Trade takes place?

Part - C

Generic 3 - Answer All Question

How international trade is responsible for shortage of goods in home country and exhaustion of natural resources?

What is meant by export trade and its need?

What do you mean by the term 'Entrepot Trade'? What is the need for it?

What is a Wholesale trade?

Write a short note on Entrepot Trade:

Name any three Retail Traders in your locality.

Explain the merits and demerits of International Trade.

What do you mean by the term international trade? Explain its need.

What is the classification of Foreign Trade?

Mention the objectives of Import Trade Policy.

Part - D

Generic 5 - Answer All Question

Explain the types of Internal Trade

What are the aims and needs of Foreign Trade?

Give an account of India's Important Export and Import items.

Explain briefly the different types of Foreign trade.

What are the goods India is exporting and importing?

What is Internal Trade? What are its Types? Explain.

Explain the merits of Foreign Trade.

Describe the demerits of Foreign Trade.

What are the features of Internal trade?

Comment

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How international trade is responsible for shortage of goods in home country and
exhaustion of natural resources?