Aids to Trade - Class VIII
Comprehensive quiz on trade and aids to trade including transportation, warehousing, insurance, banking, and advertising
Questions
_______ is essential for satisfaction of human wants.
- Shareholders
- Competition
- Trade
- All of the above
_______ is required to undertake the business activities is provided by banking and financing institutions.
- Capital
- Investment
- Liability
- Interest
Among the aids to trade, ________ removes the hindrance of risk.
- transport
- warehousing
- insurance
- banking and finance
_______ helps to highlight the distinctive features and utility of different products.
- Advertising
- Communication
- Warehousing
- Branding
Banks also facilitate in international trade by providing long-term financial assistance.
- True
- False
Customers can be made aware of the availability of goods through ______.
- distribution
- warehousing
- banking
- advertisement
___________ creates time utility by supplying the goods at the right time to the consumer.
- Transportation
- Communication
- Insurance
- Warehousing
_____ is the agency which facilitate proper flow of goods.
- Government
- Trade
- Banking
- Communication
_______ helps in bring about stable and uniform prices indifferent markets as traders are able to equalize the supply of goods at different places according to demand.
- Transport
- Warehousing
- Banking
- Insurance
The buyers and sellers are intimated through various communicating agencies.
- True
- False
Among the aids to trade, _________ widens the market.
- Warehousing
- Insurance
- Banking
- Transport
A network that allows trade is called a ______.
- networking
- specialization
- internet
- market
_______ helps to highlight the distinctive features and utility of different products.
- Communication
- Insurance
- Warehousing
- Advertising
_______ enhances the social well being of citizens by exposing them to variety of quality products including luxury items.
- Warehousing
- Transportation
- Trade
- Insurance
_______ facilitates large scale and efficient business operations by providing liquidity and security.
- Transport
- Insurance
- Bank
- Warehouse