Business Studies

Internal Trade

Question:

"The chambers interact with the government at different levels to reorient or put in place policies which reduce trade hindrances."Comment.

Answer:

The chambers interact with the government at different levels to reorient or put in place policies which reduce hindrances, increase interstate movement of goods, introduce transparency and remove multiple layers of inspection and bureaucratic hurdles. It also aims at establishing right kind of infrastructure and simplifying and harmonizing the tax structure.

  • Transportation: The Chambers of Commerce and Industry help in many activities concerning interstate movement of goods which includes registration of vehicles, surface transport policies, construction of highways and roads.
  •  Octroi and other Local Levies: The Chambers of Commerce and Industry ensures that its imposition is not at the cost of smooth transportation and local trade.
  • Harmonization between Sales Tax and VAT: The Chambers of Commerce and Industry plays an important role in interacting with the government to harmonize the sales tax structure in different states. A uniform sales tax is important for balanced growth as it is a source of state revenue.
  • Marketing of Agro products and related issues: The Chambers of Commerce and Industry can intervene and interact with concerned agencies in formulating policies regarding marketing of agro-products and related issues.
  • Weights and Measures to prevention of duplication in brands: It is necessary to protect the interests of the consumers as well as traders. They need to be enforced strictly. The Chambers of Commerce and Industry interact with the government and makes such laws which takes action against wrong doers.
  • Excise Duty: The Chambers of Commerce and Industry play a vital role in streamlining of excise duties.
  •  Promoting sound Infrastructure: The Chambers of Commerce and Industry in collaboration with the government takes initiative to develop a sound infrastructure.
  • Labour Legislations: The Chambers of Commerce and Industry interacts with the government constantly on issues related to labour laws and retrenchment.
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Internal Trade

Q 1.

Explain important terms used in context of internal trade.

Q 2.

Mention different types of Chambers of Commerce in India. Explain any one.

Q 3.

Describe the role and functions of the Chamber of Commerce.

Q 4.

Used goods are bought and sold in which type of shops.

Q 5.

Name the retail outlets that sell merchandise through mail.

Q 6.

What difficulties will be faced by the consumers if retailers are eliminated from the chain?

Q 7.

Explain the services of a wholesaler to a retailer, consumer and general services.

Q 8.

Enumerate the services of the wholesaler to manufacturer and some general services.

Q 9.

How does market information provided by wholesalers benefit the manufacturers?

Q 10.

Explain different types of fixed shops under retail trade.

Q 11.

What purpose is served by wholesalers providing warehousing facilities?

Q 12.

Explain the meaning, features, advantages and disadvantages of super market.

Q 13.

Explain the services offered by the wholesalers to the manufacturers.

Q 14.

Goods with little defects are sold in which type of shops?

Q 15.

Enumerate the features of retail trade.

Q 16.

Large quantity buying is characteristic of which trade?

Q 17.

What is a departmental store?

Q 18.

What is meant by internal trade?

Q 19.

Name the retail organization where same types of commodities are sold at uniform prices located all over the country.

Q 20.

In which business are goods bought and sold through postal services?

Q 21.

What type of goods are suitable for Automatic vending machines?

Q 22.

What do you mean by internal trade?

Q 23.

Who are Itinerants?

Q 24.

Name any two Itinerants.

Q 25.

Itinerant traders have been an integral part of internal trade in India. Analyse the reasons for their survival in spite of competition from large scale retailers.

Q 26.

What difficulties can a consumer face if there is no retail shop?

Q 27.

What are the services offered by retailers to wholesalers and consumers?

Q 28.

Discuss advantages and disadvantages of Mail Oraer House.

Q 29.

Name the machine in which goods are bought and sold by inserting coins.

Q 30.

Give the full form of FICCI.

Q 31.

What are the differences between departmental stores and multiple shops?

Q 32.

How do the wholesalers help the manufacturer in availing the economies of scale?

Q 33.

Give any two services of retailer to the customers.

Q 34.

"The chambers interact with the government at different levels to reorient or put in place policies which reduce trade hindrances."Comment.

Q 35.

Write a short note on Vending Machines.

Q 36.

What difficulties will be faced by the manufacturers if wholesalers are eliminated from the chain?

Q 37.

What is meant by Automatic vending machines?

Q 38.

Mention and define the documents which are used in internal trade.

Q 39.

Distinguish between single line stores and specialty stores. Can you identify such stores in your locality?

Q 40.

Discuss the meaning, features and advantages of Consumer Cooperative Store.

Q 41.

Explain the meaning and advantages of carrying on mail order business.

Q 42.

Give one example of chain stores.

Q 43.

How would you differentiate between street traders and street shops?

Q 44.

Name and define different large scale retail shops.

Q 45.

Why are consumers cooperative stores considered to be less expensive? What are its relative advantages over other large scale retailers?

Q 46.

What is the difference between a hawker and a peddler?

Q 47.

Name any two departmental stores.

Q 48.

Who are itinerants? Name different types of itinerants.

Q 49.

Specify the characteristics of fixed shop retailers.

Q 50.

Explain different types of small scale retail shops.