EWT | Academic Question

Questions
Question (11)
QN0024432
Export means
  • (A) buying products from another country.
  • (B) selling products to another country.
  • (C) selling products within India.
  • (D) transporting products to another state.

Correct Answer: B
Explanation:

Export refers to selling goods abroad.

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Question (12)
QN0024433
A shopkeeper buys 200 packets of biscuits from a wholesaler and sells them individually to customers. The shopkeeper is a
  • (A) producer.
  • (B) retailer.
  • (C) manufacturer.
  • (D) distributor.

Correct Answer: B
Explanation:

Retailers sell directly to final consumers.

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Question (13)
QN0024434
Which participant usually purchases goods directly from producers in bulk?
  • (A) Consumer
  • (B) Retailer
  • (C) Wholesaler
  • (D) Courier

Correct Answer: C
Explanation:

Wholesalers buy large quantities from producers.

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Question (14)
QN0024435
Goods stored in cold storage are mainly
  • (A) electronic appliances.
  • (B) perishable goods like fruits and vegetables.
  • (C) furniture.
  • (D) construction materials.

Correct Answer: B
Explanation:

Cold storage preserves perishable products.

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Question (15)
QN0024436
Which of the following best explains the purpose of cold storage?
  • (A) To increase the weight of vegetables
  • (B) To preserve perishable goods for a longer period
  • (C) To manufacture vegetables
  • (D) To reduce transportation costs only

Correct Answer: B
Explanation:

Cold storage slows spoilage.

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Question (16)
QN0024437
A wholesaler purchases 8,000 kg of onions from farmers and stores them before supplying retailers. What is the wholesaler's primary function?
  • (A) Producing onions
  • (B) Bulk storage and distribution
  • (C) Consuming the onions
  • (D) Exporting all onions immediately

Correct Answer: B
Explanation:

Wholesalers store and distribute goods in bulk.

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Question (17)
QN0024438
A manufacturer finds it difficult to supply retailers located in distant hilly regions. Which participant helps bridge this gap?
  • (A) Consumer
  • (B) Distributor
  • (C) Retailer
  • (D) Farmer

Correct Answer: B
Explanation:

Distributors connect wholesalers or manufacturers with retailers.

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Question (18)
QN0024439
An online shopping company stores products from many manufacturers in its warehouse and sells them through its website. Such a business is called an
  • (A) exporter.
  • (B) aggregator.
  • (C) retailer.
  • (D) producer.

Correct Answer: B
Explanation:

Aggregators bring products from multiple sellers onto one platform.

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Question (19)
QN0024440
Which sequence correctly represents the movement of goods in a physical market?
  • (A) Consumer → Retailer → Wholesaler → Producer
  • (B) Producer → Wholesaler → Retailer → Consumer
  • (C) Retailer → Producer → Consumer → Wholesaler
  • (D) Producer → Consumer → Wholesaler → Retailer

Correct Answer: B
Explanation:

Goods move from producer to wholesaler, then retailer, and finally to the consumer.

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Question (20)
QN0024441
A textile manufacturer in Surat sends finished fabric to wholesalers, who then supply retailers across India. This mainly helps in
  • (A) reducing the need for consumers.
  • (B) ensuring smooth distribution of goods to different places.
  • (C) stopping production.
  • (D) eliminating retailers.

Correct Answer: B
Explanation:

Wholesalers ensure efficient distribution of goods over a wide area.

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