Retail Trade
NIOS · Class 10 · Business Studies
Practice quiz for Retail Trade — NIOS Class 10 Business Studies. MCQs and questions with answers to test your preparation.
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Quick Quiz: Retail Trade
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What is retail trade in its basic meaning?
Why is a retailer called the last link in the chain of intermediaries?
Which statement best describes a retailer's usual capital requirement compared with a wholesaler?
Which activity is typical of a retailer's sales pattern?
Sample Questions
Which set contains only common names for a retailer?
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Pedlar, Hawker, One-price-shop
Pedlar, hawker and one-price-shop are all names used for a retailer.
What is usually true about a retailer's business area?
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It is generally confined to the local area
Retail activities usually operate within a local area around the shop.
In villages, market places for itinerant retailers are called what?
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Haat
Villages use the term Haat for such market places.
In towns and cities, market places for itinerant retailers are called what?
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Weekly bazars
In towns and cities, these market places are called weekly bazars.
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