CBSE Class 7 Social Science Civics Markets Around Us MCQs

Question. Who among the following sell goods at higher price than other in the chain market
(a) Produce
(b) Retailer
(c) Agent
(d) Wholesale

Answer : B

Question. Order of Chain of marketing
(a) Producer-Agents -Retailer- Wholesaler
(b) Agents- Producer -Wholesaler-Retailer
(c) Producer-Wholesaler-Retailer-Agents
(d) Producer-Agents-Wholesaler-Retailer

Answer : D

Question. What are different types of markets?
(a) Weekly
(b) neighbourhood
(c) Mall
(d) All of these

Answer : D

Question. We can purchase goods through which of the following means other than markets:
(a) Internet
(b) Phone
(c) None of these
(d) Both of these

Answer : D

Question. The shops that are useful as they are near our home and we can go there on any day of the week are:
(a) Neighbourhood shops
(b) Shops on weekly market
(c) Both
(d) None

Answer : A

Question. A market that is held on a specific day of a week is:
(a) Daily market
(b) Weekly market
(c) Both
(d) None

Answer : B

Question. The people in between the producer and the final consumer are the
(a) Traders
(b) Anchors
(c) Hawkers
(d) Shop owners

Answer : A

Question. The products about which many people are not aware are sold
(a) Indirectly
(b) Directly
(c) Both A and B
(d) None of the above

Answer : A

Question. Who buys the bales
(a) Retailers
(b) Grocery shop
(c) Spinning mill
(d) Ginning mill

Answer : C

Question. The final product reaches the buyers through a
(a) Consumers
(b) Agents
(c) Chain of market
(d) Wholesaler

Answer : C

Question. Markets that cater to the immediate needs of an area are called
(a) Super market
(b) Neighbourhood market
(c) Malls
(d) All of these

Answer : B

Question. Collecting ____ item has become status symbol
(a) Free
(b) Cheap
(c) Branded
(d) Natural

Answer : C

Question. Erode is a
(a) Stationary market
(b) Vegetable market
(c) Fruit market
(d) Cloth market

Answer : D

Question. The arrangement between the merchant and the weavers is an example
(a) Sitting-out system
(b) Putting-out system
(c) Put-out system
(d) Taking-out system

Answer : B

Question. Goods are produced in
(a) Factories
(b) Farms
(c) Homes
(d) of the above

Answer : D

Question. From where can we buy the medicines?
(a) Weekly market
(b) Dairy
(c) Chemist shop
(d) Groceries

Answer : C

Question. What dpes refer to buying and selling in large quantities?
(a) Weekly market
(b) Mall
(c) Wholesale
(d) Cineplex

Answer : C

Question. The urban markets in the form of malls and shopping complexes sell____ goods
(a) Branded
(b) Non-branded
(c) Both a and b
(d) None of the above

Answer : C

Question. In many urban areas, large multi-storied air-conditioned buildings with shops on different floors is known as
(a) Shops
(b) Complexes
(c) Market place
(d) Malls

Answer : D

Question. The advantage of having a shop in the neighbourhood is
(a It includes various items
(b) It gives goods free of cost
(c) It is cheap
(d) It is close to home

Answer : D

Question. Branded items are mostly found in
(a) Weekly market
(b) Shopping Malls
(c) Vendors
(d) None of these

Answer : B

Question. what is done in the wholesale markets?
(a) Goods reach here at very last
(b) Goods are very higher in price
(c) Goods first reach here
(d) None of these

Answer : C

Question. what refers to buying and selling in large quantities?
(a) Weekly market
(b) Wholesale
(c) Mall
(d) Cineplex

Answer : B

Question. Where did the shopping complexes are found ?
(a) Rural areas
(b) Urban areas
(c) Both a and b
(d) None of these

Answer : B

Question. Warehouses and godowns are required by
(a) retailers
(b) vendors
(c) wholesalers
(d) Shops

Answer : C

Question. Which of the following can be used for online purchase
(a) Credit cards
(b) Debit cards
(c) Both a and b
(d) Smart cards

Answer : C

Question. The market that held on specific day of the weak is called
(a) Permanent market
(b) Weekly market
(c) Wholesale market
(d) Neighbourhood market

Answer : B

Question. Commercial paper issued with low interest rate thus commercial paper are categorized as
(a) payables rating
(b) commercial rating
(c) poor credit rating
(d) better credit rating

Answer : D

Question. Ginning Mill
(a) removes the seeds and presses the cotton into bales
(b) removes the seeds and presses the jute into bales
(c) removes the seeds and presses the nylon into bales
(d) removes the seeds and presses the silk into bales

Answer : A

Question. Erode market is situated in
(a) Kerala
(b) Andhra Pradesh
(c) Odisha
(d) Tamil Nadu

Answer : D

Question. Who are seller in the weekly market
(a) Businessmen
(b) Large sellers
(c) Small traders
(d) Industrialist

Answer : C