C7-L17-D1-AKHILANDESHWARI-SOCIAL-QUIZZ

What best defines a market?

• A place where goods are stored

• A place where buyers and sellers exchange goods or services for a price

• A warehouse for wholesalers

• An online store only

Tags

Easy

Vidhyarthi

Quick

L2J3F

Describe_how_markets_provide_access_to_goods_and_services

Which of the following is NOT an example of a market?

• Amazon app

• School classroom

• Local vegetable bazaar

• Weekly fair

Tags

Easy

Acharya

Quick

L2J3F

Understand_economic_activity_through_markets

Who produces goods and services for consumers to use?

• Consumers

• Producers

• Traders

• Retailers

Tags

Easy

Vidhyarthi

Quick

L9A1B

Identify_the_roles_of_producers_traders_and_consumers

Who acts as a link between producers and consumers?

• Retailers only

• Traders

• Customers

• Manufacturers

Tags

Easy

Acharya

Quick

L9A1B

Identify_the_roles_of_producers_traders_and_consumers

A shopkeeper buying goods from a wholesaler and selling them to customers is an example of:

• Producer

• Consumer

• Trader

• Manufacturer

Tags

Medium

Chanakya

Moderate

L9A1B

Identify_the_roles_of_producers_traders_and_consumers

Arrange these steps in the correct order: 1. Retailer sells to consumer, 2. Farmer grows rice, 3. Wholesaler buys in bulk

• 1–2–3

• 3–2–1

• 2–3–1

• 3–1–2

Tags

Medium

Acharya

Moderate

L0K6P

Explain_how_goods_travel_from_producers_to_consumers

Which of these statements correctly explains the chain of markets?

• Goods go directly from farmer to consumer.

• Goods pass through multiple intermediaries before reaching consumers.

• Consumers sell goods to producers.

• Producers store goods in warehouses forever.

Tags

Easy

Vidhyarthi

Quick

L0K6P

Explain_how_goods_travel_from_producers_to_consumers

Wholesale markets are best described as:

• Selling small quantities to customers

• Selling in large quantities to other sellers

• Selling online only

• Selling second-hand goods

Tags

Easy

Acharya

Quick

L3F2D

Distinguish_between_wholesale_and_retail_markets

Which of these is a retail market example?

• A farmer selling directly to a wholesaler

• An online shopping app

• A factory selling to distributors

• A storage warehouse

Tags

Easy

Vidhyarthi

Quick

L7C9E

Identify_types_of_retail_markets

Match the following: Market Type Example

• Flipkart

• Online market

• Sunday bazaar

• Neighbourhood market

• Local kirana store

• Weekly market

Tags

Medium

Chanakya

Moderate

L7C9E

Identify_types_of_retail_markets