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MCQs · Q3

Q.A trader who buys goods in large quantities from producers and sells them in smaller quantities to retailers is called a:

(a) Retailer
(b) Wholesaler
(c) Exporter
(d) Importer
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The stem describes a trader who buys in large quantities from producers and sells in smaller quantities to retailers — this description must be matched against each option's actual role.

Option (a), Retailer, is a trader who buys (usually from a wholesaler) and sells in small quantities directly to the final consumer, not to other retailers. Since the question specifies selling TO retailers, this does not match.

Option (b), Wholesaler, is exactly the trader who buys in bulk from producers/manufacturers and sells in comparatively smaller — but still bulk — quantities to retailers, acting as the link between the two. This matches the stem precisely. …

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