SSC GD 2025 PYQ — Question 22

SSC GD Const 2025 (English) - 10 Feb 2025 - Shift 3 • General Awareness • Q22

What does the term 'commerce' mainly refer to?

Show answer & explanation

Correct answer: C

Explanation

The correct answer is option 3 i.e. Distribution of goods.

  • Commerce primarily refers to the activities involved in the exchange and distribution of goods and services.
  • It is a primary branch of business that ensures the movement of goods from producers to consumers through trade, transport, banking, insurance, and other related services.
  • Commerce encompasses all processes that facilitate transactions, such as sales, marketing, logistics, and financial systems.
  • The ultimate purpose of commerce is to ensure that consumers have access to goods and services at the appropriate time and location.
  • It acts as a bridge between production and consumption, ensuring smooth economic activities in the society.