Maharashtra State BoardHSC Commerce 11th
Advertisement Remove all ads

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board chapter 2 - Trade [Latest edition]

Advertisement Remove all ads

Chapters

Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board - Shaalaa.com

Chapter 2: Trade

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Exercise Q.1 [Pages 41 - 44]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.1 [Pages 41 - 44]

Exercise Q.1 | Q 1.01 | Page 41

Select the correct option and rewrite the sentence.
_________ is the link between producer and retailer.

  • Consumer

  • Wholesaler

  • Manufacturer

Exercise Q.1 | Q 1.02 | Page 41

Select the correct option and rewrite the sentence.
Price charged by retailers is generally _______

  • higher

  • lower

  • fixed

Exercise Q.1 | Q 1.03 | Page 41

Select the correct option and rewrite the sentence.
 A Wholesaler invest ___________ capital in the business.

  • small

  • large

  • less

Exercise Q.1 | Q 1.04 | Page 41

Select the correct option and rewrite the sentence.
Retailer is the_________ link in the chain of distribution.

  • first

  • last

  • second

Exercise Q.1 | Q 1.05 | Page 41

Select the correct option and rewrite the sentence.
Retailers supply information to the ________ through Wholesalers.

  • manufacturer

  • government

  • consumers

Exercise Q.1 | Q 1.06 | Page 42

Select the correct option and rewrite the sentence.
Major items __________ are ch emicals, crude oil and petroleum products, edible oils, electronic goods, gold and silver, pearl and precious stone.

  • exported by India

  • not exported by India

  • imported by India

Exercise Q.1 | Q 1.06 | Page 42

Select the correct option and rewrite the sentence.
Major items __________ are ch emicals, crude oil and petroleum products, edible oils, electronic goods, gold and silver, pearl and precious stone.

  • exported by India

  • not exported by India

  • imported by India

Exercise Q.1 | Q 1.07 | Page 42

Select the correct option and rewrite the sentence.
For customs clearance the _________ is prepared by the exporter.

  • carting Order

  • letter of C redit

  • shipping Bill

Exercise Q.1 | Q 1.08 | Page 42

Select the correct option and rewrite the sentence.
___________ carry goods on their head in baskets or containers.

  • Hawkers

  • Peddlers

  • Cheap Jacks

Exercise Q.1 | Q 1.09 | Page 42

Select the correct option and rewrite the sentence.
_________ open their shops on market days i.e. on fixed days.

  • Street traders

  • Market T raders

  • Peddlers

Exercise Q.1 | Q 1.1 | Page 42

Select the correct option and rewrite the sentence.
_________ retailers deal in particular goods.

  • General Stores

  • Speciality shop retailers

  • Second h and goods shops

Exercise Q.1 | Q 1.11 | Page 42

Select the correct option and rewrite the sentence.
_______ is k now n as self-service store.

  • Department store

  • Super market

  • Multiple store

Exercise Q.1 | Q 2.1 | Page 42

Match the pairs.

Group ‘A’ Group ‘B’
A) Departmental Store 1) Carry goods on heads
B) Market traders 2) Uniform Price
C) General shops 3) Business on market day
D) One price shop 4) Most common shop
E) Peddlers 5) Huge capital
    6) Distribution through branches
    7) Carry goods on carts
    8) Sale used articles
    9) Specialized goods
    10) Auth oriz ed dealers
Exercise Q.1 | Q 2.2 | Page 42

Match the pairs.

Group ‘A’ Group ‘B’
A) Import Trade 1) First step in Import
B) Registration 2) Goods not for own country
C) Entrepot trade 3) Buying goods from other country
D) Letter of Credit 4) No restrictions
    5) Selling goods to other country
    6) Credit worthiness of importer.
    7) Recovery of dues
Exercise Q.1 | Q 3.1 | Page 43

Give one word/phrase/term:
A person who move daily from place to place to sell goods.

Exercise Q.1 | Q 3.2 | Page 43

Give one word/phrase/term:
The middleman between wholesaler and customer.

Exercise Q.1 | Q 3.3 | Page 43

Give one word/phrase/term:
A retail shop which operates through branches.

Exercise Q.1 | Q 3.4 | Page 43

Give one word/phrase/term:
A shop where all goods are available at same price. 

Exercise Q.1 | Q 3.5 | Page 43

Give one word/phrase/term:
A retailer who display his goods on the road.

Exercise Q.1 | Q 3.6 | Page 43

Give one word/phrase/term:
An order placed by an importer for the supply of certain goods. 

Exercise Q.1 | Q 4.1 | Page 43

State True or False.
Wholesaler keeps large stock of goods.

  • True

  • False

Exercise Q.1 | Q 4.2 | Page 43

State True or False.
Wholesaler deals in small quantity.

  • True

  • False

Exercise Q.1 | Q 4.3 | Page 43

State True or False.
A retailer has no direct contact with consumers.

  • True

  • False

Exercise Q.1 | Q 4.4 | Page 43

State True or False.
Super market shops offer home delivery facilities to customer.

  • True

  • False

Exercise Q.1 | Q 4.5 | Page 43

State True or False.
Departmental store located out of the city

  • True

  • False

Exercise Q.1 | Q 4.6 | Page 43

State True or False.
Customers cannot bargain in one price shop.

  • True

  • False

Exercise Q.1 | Q 4.7 | Page 43

State True or False.
Letter of Credit is required for obtaining export license.

  • True

  • False

Exercise Q.1 | Q 4.8 | Page 43

State True or False.
Buying goods from other country is known as export trade.

  • True

  • False

Exercise Q.1 | Q 4.9 | Page 43

State True or False.
Maintaining high quality is necessary to sustain in export business.

  • True

  • False

Exercise Q.1 | Q 5.01 | Page 43

Complete the sentence.
The original form of trade was _________.

Exercise Q.1 | Q 5.02 | Page 43

Complete the sentence.
Trade establishes a link between producers and __________.

Exercise Q.1 | Q 5.03 | Page 43

Complete the sentence.
The wholesaler provides valuable services to manufactures and __________.

Exercise Q.1 | Q 5.04 | Page 43

Complete the sentence.
The wholesaler purchases a large quantity of goods from the __________.

Exercise Q.1 | Q 5.05 | Page 43

Complete the sentence.
The wholesaler bears the risk of _________  and market fluctuations

Exercise Q.1 | Q 5.06 | Page 43

Complete the sentence.
The wholesaler provides financial support to retailers by way of __________ facility.

Exercise Q.1 | Q 5.07 | Page 43

Complete the sentence.
The retailer is the connecting link between the wholesaler and _________.

Exercise Q.1 | Q 5.08 | Page 43

Complete the sentence.
_________ is a large retail organization which mainly sells wide variety of food and grocery items on th e basis of ‘self-service’.

Exercise Q.1 | Q 5.09 | Page 43

Complete the sentence.
_______ are retail stores owned by a single organization.

Exercise Q.1 | Q 5.1 | Page 43

Complete the sentence.
The shop where th e prices of all products or goods are same is k now n as ____________.

Exercise Q.1 | Q 5.11 | Page 43

Complete the sentence.
A modern shopping mall is an ____________ term.

Exercise Q.1 | Q 5.12 | Page 43

Complete the sentence.
The Letter of Credit is the safest method of payment in _________ trade.

Exercise Q.1 | Q 6.1 | Page 43

Find the odd one

  • General Stores

  • Hawkers

  • Cheap Jacks

  • Peddlers

Exercise Q.1 | Q 6.2 | Page 43

Find the odd one

  • Departmental Stores

  • Chain Stores

  • Market Trader

  • One Price Shop

Exercise Q.1 | Q 6.3 | Page 43

Find the odd one

  • Speciality Shops

  • Secondhand goods shops

  • Malls

  • Authorised Dealers

Exercise Q.1 | Q 7.1 | Page 43

Select the correct option.
Wholesaler deals in _____ quantity.

  • small

  • large

Exercise Q.1 | Q 7.2 | Page 43

Select the correct option.
Departmental store located  _______ the city.

  • in

  • out of

Exercise Q.1 | Q 7.3 | Page 43

Select the correct option.
Customer cannot bargain in _________

  • General stores

  • one price shop

Exercise Q.1 | Q 7.4 | Page 43

Select the correct option.
Retailer operates in ___________  markets

  • global

  • local

Exercise Q.1 | Q 7.5 | Page 44

Select the correct option.
Departmental store is a ___________ scale retail shop.

  • Large

  • Small

Exercise Q.1 | Q 7.6 | Page 44

Select the correct option.
Supermarket shop requires ___________capital.

  • limited

  • Large

Exercise Q.1 | Q 7.7 | Page 44

Select the correct option.
Chain stores are retail store owned by _______ organization.

  • many

  • single

Exercise Q.1 | Q 7.8 | Page 44

Select the correct option.
The shop where the prices of all th e products or goods are ___________ is k nown as one price shop.

  • different

  • same

Exercise Q.1 | Q 8.01 | Page 44

 Answer in one sentence
What do you mean by internal trade?

Exercise Q.1 | Q 8.02 | Page 44

Answer in one sentence
Who is known as hawkers?

Exercise Q.1 | Q 8.03 | Page 44

Answer in one sentence
What is the meaning of Peddlers?

Exercise Q.1 | Q 8.04 | Page 44

Answer in one sentence
What do you mean by fixed shop retailers?

Exercise Q.1 | Q 8.05 | Page 44

Answer in one sentence
What do you mean by small scale fixed retailers? 

Exercise Q.1 | Q 8.06 | Page 44

Answer in one sentence
What do you mean by large scale fixed retailer?

Exercise Q.1 | Q 8.07 | Page 44

Answer in one sentence
What is departmental store?

Exercise Q.1 | Q 8.08 | Page 44

Answer in one sentence
What is meant by supermarket shop?

Exercise Q.1 | Q 8.09 | Page 44

Answer in one sentence
What do you mean by chain store?

Exercise Q.1 | Q 8.1 | Page 44

Answer in one sentence
What is one price shop?

Exercise Q.1 | Q 8.11 | Page 44

Answer in one sentence
What is a mall?

Exercise Q.1 | Q 9.1 | Page 44

Correct the underlined word and rewrite the following sentence:
When the trade activities are conducted between two or more countries, it is called as internal trade.

Exercise Q.1 | Q 9.2 | Page 44

Correct the underlined word and rewrite the following sentence:
Export trade refers to the purchase of good and services from foreign country

Exercise Q.1 | Q 9.3 | Page 44

Correct the underlined word and rewrite the following sentence:
The price charged in departmental stores is comparatively less.

Exercise Q.1 | Q 9.4 | Page 44

Correct the underlined word and rewrite the following sentence:
Wholesaler requires less capital.

Exercise Q.1 | Q 9.5 | Page 44

Correct the underlined word and rewrite the following sentence:
Tariff rates of various countries affect the internal trade.

Exercise Q.1 | Q 10.1 | Page 44

Arrange in proper order:
a) Retailer
b) Consumer
c) Producer 
d) Wholesaler

Exercise Q.1 | Q 10.2 | Page 44

Arrange in proper order:
a) International Market
b) Local Market
c) National Market
d) State Market

Exercise Q.1 | Q 10.3 | Page 44

Arrange in proper order:
a) Import Stage
b) Pre-import Stage
c) Post-import Stage
d) Preliminary Stage

Advertisement Remove all ads
Exercise Q.2 [Page 44]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.2 [Page 44]

Exercise Q.2 | Q 1 | Page 44

Explain the following term/concept:
Wholesale Trade

Exercise Q.2 | Q 2 | Page 44

Explain the following term/concept:
Retail Trade.

Exercise Q.2 | Q 3 | Page 44

Explain the following term/concept:
Foreign Trade.

Exercise Q.2 | Q 4 | Page 44

Explain the following term/concept:
Letter Of Credit.

Exercise Q.2 | Q 5 | Page 44

Explain the following term/concept:
One price shop.

Exercise Q.2 | Q 6 | Page 44

Explain the following term/concept:
Departmental Store.

Exercise Q.2 | Q 7 | Page 44

Explain the following term/concept:
General store.

Exercise Q.2 | Q 8 | Page 44

Explain the following term/concept:
Mall.

Advertisement Remove all ads
Exercise Q.3 [Pages 44 - 45]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.3 [Pages 44 - 45]

Exercise Q.3 | Q 1.1 | Page 44

Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from nearest Nandulal grocery shop and he purchase wheat, rice and pulses in bulk for whole year from Gorhe and Son’s market yard.
Who is wholesaler?

Exercise Q.3 | Q 1.2 | Page 44

Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from nearest Nandulal grocery shop and he purchase wheat, rice and pulses in bulk for whole year from Gorhe and Son’s market yard.
Who is retailer?

Exercise Q.3 | Q 1.3 | Page 44

Study the following case/situation and express your opinion.
Sonupant purchases his grocery material every month from nearest Nandulal grocery shop and he purchase wheat, rice and pulses in bulk for whole year from Gorhe and Son’s market yard.
Any one difference between wholesaler and retailer?

Exercise Q.3 | Q 2.1 | Page 45

Study the following case/situation and express your opinion.
Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh 1s buying raw material from South Africa and after processing it sells finished goods to Malaysia.
who is exporter?

Exercise Q.3 | Q 2.2 | Page 45

Study the following case/situation and express your opinion.
Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh 1s buying raw material from South Africa and after processing it sells finished goods to Malaysia.
Who is importer?

Exercise Q.3 | Q 2.3 | Page 45

Study the following case/situation and express your opinion.
Anurag is selling goods to Japan Kavita is buying goods from USA where as Ganesh 1s buying raw material from South Africa and after processing it sells finished goods to Malaysia.
What is Entrepot Trade?

Advertisement Remove all ads
Exercise Q.4 [Page 45]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.4 [Page 45]

Exercise Q.4 | Q 1 | Page 45

Distinguish between the following:
Wholesaler and Retailer.

Exercise Q.4 | Q 2 | Page 45

Distinguish between the following:
Itinerant Retailers and Non-Itinerant (Fixed shop retailer).

Exercise Q.4 | Q 3 | Page 45

Distinguish between the following:
General stores and specialty stores.

Exercise Q.4 | Q 4 | Page 45

Distinguish between the following:
Department stores and Chain stores.

Exercise Q.4 | Q 5 | Page 45

Distinguish between the following:
Import trade and export trade.

Advertisement Remove all ads
Exercise Q.5 [Pages 45 - 55]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.5 [Pages 45 - 55]

Exercise Q.5 | Q 1 | Page 55

Answer in brief.
State any four feature of one price shop

Exercise Q.5 | Q 2 | Page 45

Answer in brief.
State any four features of wholesalers to manufacturers.

Exercise Q.5 | Q 3 | Page 45

Answer in brief.
Write any four services of retailers to consumers.

Exercise Q.5 | Q 4 | Page 45

Answer in brief.
State any two types of small scale fixed shop retailer.

Exercise Q.5 | Q 5 | Page 45

Answer in brief.
Explain preliminary stage of import procedure.

Exercise Q.5 | Q 6 | Page 45

Answer in brief.
Explain post-shipment stage of export procedure.

Advertisement Remove all ads
Exercise Q.6 [Page 45]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.6 [Page 45]

Exercise Q.6 | Q 1 | Page 45

Justify the following statement:
Wholesaler sells goods in large quantities.

Exercise Q.6 | Q 2 | Page 45

Justify the following statement:
Wholesaler maintains price stability.

Exercise Q.6 | Q 3 | Page 45

Justify the following statement:
Retailer provide home delivery of goods to customers.

Exercise Q.6 | Q 4 | Page 45

Justify the following statement:
Wholesaler performs various marketing functions.

Exercise Q.6 | Q 5 | Page 45

Justify the following statement:
Authorized dealer do not have other product of other manufacturers.

Exercise Q.6 | Q 6 | Page 45

Justify the following statement:
General stores are generally situated near residential areas.

Exercise Q.6 | Q 7 | Page 45

Justify the following statement:
Departmental store has centralized management system.

Exercise Q.6 | Q 8 | Page 45

Justify the following statement:
Packing plays an important role in selling product in the supermarket.

Exercise Q.6 | Q 9 | Page 45

Justify the following statement:
Chain store sell a limited range of goods.

Exercise Q.6 | Q 10 | Page 45

Justify the following statement:
There is no scape for bargaining in one price shop.

Advertisement Remove all ads
Exercise Q.7 [Page 45]

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board Chapter 2 Trade Exercise Q.7 [Page 45]

Exercise Q.7 | Q 1 | Page 45

Answer the following:
What are the main features of Wholesaler?

Exercise Q.7 | Q 2 | Page 45

Answer the following:
Explain the services of retailers to Wholesalers.

Exercise Q.7 | Q 3 | Page 45

Answer the following:
Explain small scale fixed shop retailers.

Exercise Q.7 | Q 4 | Page 45

Answer the following:
Explain the services of wholesalers.

Exercise Q.7 | Q 5 | Page 45

Answer the following:
Explain the different services of retailers.

Exercise Q.7 | Q 6 | Page 45

Answer the following:
Define import trade. Explain its procedure in detail.

Exercise Q.7 | Q 7 | Page 45

Answer the following:
What is export trade? Explain its procedure in detail.

Advertisement Remove all ads

Chapter 2: Trade

Exercise Q.1Exercise Q.2Exercise Q.3Exercise Q.4Exercise Q.5Exercise Q.6Exercise Q.7
Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board - Shaalaa.com

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board chapter 2 - Trade

Balbharati solutions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board chapter 2 (Trade) include all questions with solution and detail explanation. This will clear students doubts about any question and improve application skills while preparing for board exams. The detailed, step-by-step solutions will help you understand the concepts better and clear your confusions, if any. Shaalaa.com has the Maharashtra State Board Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board solutions in a manner that help students grasp basic concepts better and faster.

Further, we at Shaalaa.com provide such solutions so that students can prepare for written exams. Balbharati textbook solutions can be a core help for self-study and acts as a perfect self-help guidance for students.

Concepts covered in Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board chapter 2 Trade are Introduction of Trade, Internal Trade, Wholesale Trade and Retail Trade, Concept of International Trade, Meaning of Export Trade, Meaning of Import Trade, Entrepot Trade.

Using Balbharati 11th solutions Trade exercise by students are an easy way to prepare for the exams, as they involve solutions arranged chapter-wise also page wise. The questions involved in Balbharati Solutions are important questions that can be asked in the final exam. Maximum students of Maharashtra State Board 11th prefer Balbharati Textbook Solutions to score more in exam.

Get the free view of chapter 2 Trade 11th extra questions for Organisation of Commerce and Management (OCM) 11th Standard HSC Maharashtra State Board and can use Shaalaa.com to keep it handy for your exam preparation

Advertisement Remove all ads
Share
Notifications

View all notifications


      Forgot password?
View in app×