Nikhil wants to start a wholesale business of stationary items. But he is hesitating as t i will involve hinderances related to finding consumers, moving goods from place Of production to market, goods because Of time gap between production 
consumption. risk or theft, fire, accidents, procurement of capital to finance above activities, providing information to the 
consumer about products etc. 
he approaches his friend Anan to discuss his problem. Anant, Who himself imports the electric appliances for the propose of 
exporting them to other countries, advises Nikhil to carry On With his plan and explains to him various functions performed by the 
second limb of business i.e. comsumers. 
Anant elaborates on various advantage of •trade' and 'auxiliaries to trade After getting convinced by the given by Anant, 
Nikhil Starts the business named Nikhil Ltd. and finds no major problems at all in converting his desire into an ongoing business. 
Nikhil gets his company registered under the Companies Act, 2013. 
Qus.1Trade may be broadly categorized into two categories. Name the category under which Nikhil is doing the wholesale 
business Of stationary items. 
Qus.2 Before starting the business, Nikhil was afraid of some hindrances which were removed by the functions of commerce. 
Name that part of commerce which exclusively helps in the process Of trading the goods and services. 
QuOEKternal Trade may be classified into three tyoes. Name the type under which Anant doing his business. 
Qus.4 Name the service which helps Nikhil to remove the hindrance Of storing the stationery items. 
the service which help Nikhil to to remove the hindrance of place. And identify the valuesin which you motivated 
to Of auxiliaries to trade.