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Markets around us

Total questions: 22

Worksheet time: 17mins

Name
Class
Date
1.

where do you find shopping complexes?

a)

Rural area

b)

Urban area

c)

Both 1 and 2

d)

None of these

2.

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

3.

what refers to buying and selling in large quantities?

a)

Weekly market

b)

wholesale market

c)

Mall

d)

Cineplex

4.

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

5.

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

6.

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

7.

Why are goods cheaper in weekly markets?

A) They don't pay extra fee for any other reason.

B) They sell low quality goods.

C) To get many consumers to buy from their shops.

a)

Only B)

b)

Both A) and C)

c)

Both C) and B)

d)

All of the above.

8.

What do you understand by 'Chain of Market'?

a)

Markets linked together where products are passed until it reaches the consumers

b)

Markets buying others market products.

c)

The process of selling products to one another directly.

d)

All of the above

9.

Buying and selling also take place without going to the market but through telemarketing and internet.

a)

True

b)

False

10.

What is a neighbourhood Market?

a)

marketplaces next to residential areas

b)

shops in huge malls

c)

a weekly market

d)

a shopping complex

11.

What are the benefits of neighbourhood shops?

a)

They are near to our home

b)

We can go there on any day of the week

c)

They can provide goods on credit

d)

All of the above

12.

what is required for cashless shopping ?

a)

Ration card

b)

Credit card

c)

Driving license

d)

All of these

13.

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

a)

Mall

b)

Local Market

c)

Weekly Market

d)

None of these

14.

Where is the largest wholesaling vegetable market in Delhi?

a)

Azadmarket

b)

Azadpur

c)

Azad Nagar

d)

None of these

15.

A buyer can save money when they buy goods from which market(s) :-

a)

Wholesale Market

b)

Retail Market

c)

Weekly Market

d)

Neighbor Market

16.

In Retail Market goods are in :-

a)

Bulk and low price

b)

Small quantity and high price

17.

Why should the wholesale trader buy the stocks from the producers; why not the retailers?

a)

The Constitution of India says so.

b)

Retailers are not able to access the producers.

c)

The producers wouldn't be interested in selling small quantities to the retailers.

d)

All of the above

18.

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

19.

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

20.

who is retailer?

a)

small traders

b)

whole sale

c)

sales man

d)

None of these

21.

What is a neighbourhood Market?

a)

marketplaces next to residential areas

b)

shops in huge malls

c)

a weekly market

d)

a shopping complex

22.

What are different types of markets?

a)

Weekly

b)

Neighbourhood

c)

Mall

d)

All of these