CBSE Class 7 Geography - Markets Around Us

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CBSE Class 7 Geography - Markets Around Us

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Civ Markets Around Us

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1.Who are traders?

2.What is/are the advantage(s) of shops in neighborhood?

(A) They are near to our home and we can go there on any day of the week.

(B) Usually, the buyer and seller know each other and these shops also provide goods on credit.

(C) Both '1' and '2'

(D) None of them

3.What is the advantage of Chain Markets?

(A) What is produced in one place reaches the people every where.

(B) Only brand products are encouraged

(C) Chain markets are only in urban areas

(D) None of them

4.Who sells final goods to the consumer?

(A) Wholesaler (B) Retailer (C) Producer (D) None of them

5.Who is the first one to buy goods in large quantities?

(A) Retailer (B) Consumer (C) Wholesaler (D) Transporter

6.What is a weekly market?

(A) Markets set up at weekends only (B) Markets set up at weekdays only

(C) Markets set up on a specific day of the week (D) None of them

7.Whyare many things in a weekly market cheaper?

(A) Weekly markets have a large number of shops selling the same goods which means there is

competition among them.

(B) Unlike in case of permanent shops, weekly markets incur much less expenditure

(C) Both '1' and '2'

(D) None of them

8.What is/are the advantage(s) of weekly markets?

(A) Most things that a customer needs are available at one place. (B) Things in weekly markets

are cheaper.

(C) Customers are free to bargain. (D) All of them

9.What do you call markets inurban areas that have many shops inside it?

(A) Shopping complexes (B) Malls (C) Both '1' and '2' (D)

None of them

10.How is it possible that we may not be aware of some forms of markets?

(A) A large number of goods are bought and sold in certain markets that we don't use directly.

(B) Some invisible forms of markets also exists which we can't see.

(C) Both '1' and '2'

(D) None of them

11.Which of the following is/are the characteristic(s) of a mall?

(A) Itis an enclosed shopping space.

(B) Itis usually a large building with many floors that have shops, restaurants and at times, even a

cinema theatre.

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