Which of the following constitute wholesale trading ?

1.Small business.

2.Intermediary merchants

3.Supply houses

4.Retail stores

Only 2 and 3

The correct answer is Option 2: Only 2 and 3

Wholesale trading refers to the buying and selling of goods in large quantities, usually between producers and retailers. Intermediary merchants and supply houses are important components of wholesale trade.

NCERT: Wholesale trading constitutes bulk business through numerous intermediary merchants and supply houses and not through retail stores.