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G7-SOC-L12 Markets Around Us

Authored by DTP imemory

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G7-SOC-L12 Markets Around Us
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main sources of income mentioned in the text?

Salaries, wages, and profits
Rents, interest, and investments
Shares and dividends
All of the above

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT a type of physical market mentioned in the text?

Local markets
Regional markets
Global markets
National markets

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main advantage of neighborhood shops according to the text?

They offer the lowest prices
They are open 24/7
They are near to our homes
They only sell branded goods

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a unique feature of weekly markets?

They are permanent
They operate every day
They are held on a particular day of the week
They only sell luxury goods

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

When was Rythu Bazar started in Andhra Pradesh?

January 1998
January 1999
January 2000
January 2001

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the main purpose of Rythu Bazar?

To increase prices for consumers
To benefit middlemen
To benefit farmers and avoid middlemen
To promote only organic produce

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of goods are typically more expensive in shopping malls?

Non-branded goods
Local products
Branded goods
Wholesale items

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