• Meaning and importance of internal trade: wholesale and retail trade
• Types of retail: small shops, department stores, chain stores, supermarkets, hypermarkets
• Functions of wholesaler and retailer, cash-and-carry, warehousing and storage
• Channel of distribution, intermediaries—agents, brokers, commission agents, factors
• Organised vs unorganised retail, e-commerce, supply chain and logistics, consumer protection

Highlight: These MCQs are designed strictly as per the NCERT syllabus, making them ideal for CBSE Class 11 board exams standard.