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Question (31)

QN0024452

Which of the following correctly represents the flow of goods in an online market?

(A) Consumer → Manufacturer → Warehouse
(B) Manufacturer → Aggregator's warehouse → Consumer
(C) Retailer → Producer → Consumer
(D) Consumer → Retailer → Producer

Correct Answer: B

Explanation:

Manufacturers send products to the aggregator's warehouse for delivery.

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Question (32)

QN0024453

A farmer sells 12 tonnes of potatoes to a wholesaler instead of selling them directly to thousands of families. What is the biggest advantage?

(A) Goods reach retailers more efficiently.
(B) Consumers stop buying potatoes.
(C) The wholesaler consumes the potatoes.
(D) Production immediately decreases.

Correct Answer: A

Explanation:

Wholesalers simplify bulk distribution.

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Question (33)

QN0024454

A customer buys a television from a nearby electronics shop after checking its display. Which type of market is being used?

(A) Physical market
(B) International market
(C) Online market
(D) Export market

Correct Answer: A

Explanation:

Buyers and sellers meet physically.

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Question (34)

QN0024455

Which of the following products is most likely to require cold storage before reaching retailers?

(A) Fresh grapes
(B) Steel rods
(C) Cement bags
(D) Wooden furniture

Correct Answer: A

Explanation:

Fruits are perishable and require cold storage.

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Question (35)

QN0024456

A clothing manufacturer sends finished garments to wholesalers across India. What is the main benefit of this arrangement?

(A) Goods can reach retailers in many places.
(B) Manufacturing completely stops.
(C) Consumers purchase directly from factories only.
(D) Retailers are no longer required.

Correct Answer: A

Explanation:

Wholesalers improve the distribution network.

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Question (36)

QN0024457

Which participant is mainly responsible for combining offers from many sellers and displaying them on a single website?

(A) Distributor
(B) Aggregator
(C) Retailer
(D) Consumer

Correct Answer: B

Explanation:

Aggregators organize products from multiple sellers.

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Question (37)

QN0024458

A buyer wants to purchase a book at midnight without visiting any shop. Which market makes this possible?

(A) Weekly market
(B) Physical market
(C) Online market
(D) Wholesale market

Correct Answer: C

Explanation:

Online markets operate without time and location restrictions.

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Question (38)

QN0024459

Which statement best distinguishes a retailer from a wholesaler?

(A) Retailers sell directly to consumers, while wholesalers mainly supply retailers.
(B) Retailers manufacture goods, while wholesalers consume them.
(C) Retailers export goods, while wholesalers import them.
(D) Retailers operate only online, while wholesalers operate only offline.

Correct Answer: A

Explanation:

Retailers serve final consumers; wholesalers supply retailers.

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Question (39)

QN0024460

A customer in Mumbai buys furniture made in Jaipur through an online platform. Which statement is correct?

(A) It is a domestic market transaction.
(B) It is an international market transaction.
(C) It is an export.
(D) It is an import.

Correct Answer: A

Explanation:

Both buyer and seller are within India.

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Question (40)

QN0024461

Which statement best explains why both physical and online markets are important?

(A) Only physical markets help buyers.
(B) Only online markets help sellers.
(C) Both provide different ways for buyers and sellers to exchange goods and services.
(D) Both exist only for international trade.

Correct Answer: C

Explanation:

Physical and online markets both facilitate buying and selling, each with its own advantages.

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Question (31)

Which of the following correctly represents the flow of goods in an online market?

Explanation:

Link:

Question (32)

A farmer sells 12 tonnes of potatoes to a wholesaler instead of selling them directly to thousands of families. What is the biggest advantage?

Explanation:

Link:

Question (33)

A customer buys a television from a nearby electronics shop after checking its display. Which type of market is being used?

Explanation:

Link:

Question (34)

Which of the following products is most likely to require cold storage before reaching retailers?

Explanation:

Link:

Question (35)

A clothing manufacturer sends finished garments to wholesalers across India. What is the main benefit of this arrangement?

Explanation:

Link:

Question (36)

Which participant is mainly responsible for combining offers from many sellers and displaying them on a single website?

Explanation:

Link:

Question (37)

A buyer wants to purchase a book at midnight without visiting any shop. Which market makes this possible?

Explanation:

Link:

Question (38)

Which statement best distinguishes a retailer from a wholesaler?

Explanation:

Link:

Question (39)

A customer in Mumbai buys furniture made in Jaipur through an online platform. Which statement is correct?

Explanation:

Link:

Question (40)

Which statement best explains why both physical and online markets are important?

Explanation:

Link:

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