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Market around us

Total questions: 51

Worksheet time: 27mins

Name
Class
Date
1.

(a)   is a place where goods and services are exchanged for a price.

2.

Market have been an integral part of our lives since ________ times.

a)

Ancient

b)

Modern

c)

medieval

3.

Different kind of markets.

a)

Weekly markets

b)

Neighbourhood shops

c)

Neighbour friendship market

4.

____________is a temporary open market on a particular day on a week

a)

Weekly market

b)

Neighbourhood market

c)

Both

d)

none

5.

__________ is the practice of building disorganized marketing technology.

a)

makeshift market

b)

permanent market

c)

weekly market

d)

neighbourhood market

6.

The _____________ owners doesn't have to pay taxes and rent.

a)

weekly market

b)

neighbourhood market

7.

The Permanent market owners have to pay __________and ______.

a)

taxes

b)

rent

c)

bargaining

8.

The permanent market owners doesn't have to pay taxes and rent.

a)

True

b)

False

9.

The weekly market owners have to pay taxes and rent.

a)

true

b)

false

10.

A ___________ market which is held only on a particular day of a week

a)

Weekly

b)

Monthly

c)

none

d)

Daily

e)

Neighbourhood

11.

where do you find shopping complexes?

a)

Rural area

b)

Urban area

c)

Both 1 and 2

d)

None of these

12.

what refers to buying and selling in large quantities?

a)

Weekly market

b)

wholesale market

c)

Mall

d)

Cineplex

13.

weekly markets have (a)   shops

14.

why is weekly market called so?

a)

Because it is held daily

b)

Because it is held on alternate days

c)

Because it is held specific day of week

d)

All of above

16.

a .......................... buys goods in bulk from manufaturers and sells them to retailers

a)

Retailers

b)

Wholesaler

c)

Farmer

16.

a .......................... buys goods in bulk from manufaturers and sells them to retailers

a)

Retailers

b)

Wholesaler

c)

Farmer

17.

a .......................... buys goods in bulk from manufaturers and sells them to retailers

a)

Retailers

b)

Wholesaler

c)

Farmer

18.

What is a Market??

a)

a place where we buy medicines

b)

a place to popularise products

c)

a place where goods and services are exchanged for a price

d)

a place where we buy Cars

19.

What is a neighbourhood Market?

a)

marketplaces next to residential areas

b)

shops in huge malls

c)

a weekly market

d)

a shopping complex

20.

What is a shopping complex

a)

an air conditoned mall

b)

shops belonging to a particular chain

c)

a group of shops under one roof in urban areas

21.

In INDIA most of the farmers practice......................... farming

a)

terrace

b)

cotton

c)

cottolidon

d)

subsistence

22.

who is trader?

a)

people between employee and customer

b)

people between producer and consumer

c)

people between staff and employee

d)

none of these

23.

who is retailer?

a)

small traders

b)

whole sale

c)

sales man

d)

None of these

24.

People who buy and sell things in bulk are called....

a)

Wholesaler

b)

Retailer

c)

Consumer

d)

None of the above

25.

Shop keepers in a weekly market are...

a)

Small traders

b)

Large traders

c)

Wholesalers

d)

All of these

26.

Weekly markets have permanent shops.

a)

False

b)

True

27.

Neighbourhood shops are____________

a)

those close to our house and has daily need things.

b)

where we go only once in a year.

c)

a place just like a huge vegetable mandi.

d)

none of the above

28.

Goods in malls are expensive because

a)

they pay rent and other bills

b)

have to employ salesmen

c)

has many taxes attached to products

d)

all the above

29.

Wholesale trader sells the goods to a (a)  

30.

Malls have been an integral part of our lives since ancient times.

a)

True

b)

False

31.

Nowadays we can purchase anything sitting at home.

a)

True

b)

False

32.

A retailer buys products from a manufacturer or wholesaler and sells it to the___________

a)

wholesaler

b)

Producer

c)

consumer

33.

What is an enclosed shopping space in a large building with many floors having shops, restaurants and cinema theatres?

a)

Local market

b)

Mall

c)

Weekly market

34.

We have temporary and permanent shops in our neighbourhood.

a)

true

b)

false

35.

Shopping complexes are made in rural areas.

a)

true

b)

false

36.

What type of items are sold in the malls?

a)

cheap

b)

unbranded

c)

branded

37.

Which of these are not features of weekly markets?

a)

They are usually seen in rural areas or in the outskirts of towns

b)

Weekly markets are held once a week, on a specified day, at a fixed location

c)

Farmers are able to sell their products directly to the consumers through these markets.

d)

They are permanent shops

38.

One of the main advantages of a supermarket is:

a)

They are very large and looks attractive

b)

Most of the things needed by the customers are available under one rooF

c)

They sell better quality goods than other shops

d)

Fewer people are employed by the supermarkets than stores

39.

Traders of weekly market set up at a different place the next day.

a)

True

b)

False

40.

Shopkeepers in a weekly market are

a)

small traders

b)

wholesaler

c)

large traders

d)

none of the above

41.

What is Mandi?

a)

name of a mall in gujarat

b)

an agricultral market where farmers get the best deals for their yield

c)

Both (a) and (b)

d)

None of these

42.

what is required for cashless shopping ?

a)

Ration card

b)

Credit card

c)

Driving license

d)

All of these

43.

What is a market?

a)

Things are sold

b)

Things are Purchased

c)

Things are sold and purchased

d)

None of the above

44.

a ______ is a shopping complex situated in an air conditioned multi-storey building .

a)

shopping centre

b)

mall

c)

weekly market

d)

makeshift shop

45.

A ___________ buys products from the manufacturer or the wholesaler and sells it to the consumer

a)

Retailer

b)

wholesaler

c)

permanent market owner

46.

What is this ?

a)

Market of chain

b)

Chain of market

c)

Chain of selling

d)

Chain of consumer

47.

Which is permanent market?

a)
b)
c)
48.

We can make purchases even sitting at home through ____ , _____or______

a)

Online

b)

Internet

c)

phone

d)

mall

49.

Market promotes

a)

Inequality

b)

Equality

50.

_____________ system is method of manufacturing wherein the merchants provide raw materials to the independent small weavers.

a)

put-out

b)

putting-out

c)

pull-out

d)

pulling-out

51.

market create employment opportunities

a)

true

b)

false