NCERT · Class 11 · Business Studies · Internal TradePeddlers and hawkers fall under which category of trade?
Step-by-Step Solution
Peddlers and hawkers are examples of itinerant retailers who carry goods on cycles, handcarts, or on their heads to sell directly to consumers.
Detailed Options Breakdown
Option : Wholesale trade
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
Option 1: Itinerant retailers (Correct Answer)
Correct choice. Refer to the step-by-step verified solution guidelines above for details.
Option 2: Fixed shop large-scale retailers
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
Option 3: Mail order houses
Incorrect choice. This distractor represents a common misunderstanding of the core principles of Internal Trade.
💡 Study Guide: This question tests core syllabus concepts from Internal Trade. For formulas, key summaries, and mock exam reference guides, read the full Internal Trade Revision Notes.