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Money and market

Total questions: 22

Worksheet time: 11mins

Name
Class
Date
1.

This symbol is used for

a)

dollar

b)

pound

c)

rubel

d)

euro

2.

If you take taxi to the airport, you have to pay...... to the taxi.

a)

fee

b)

fine

c)

fare

d)

free

3.

Money that a student pays to a school or university for their teaching is .................

a)

tuition fee

b)

admission fee

c)

interest

d)

divident

4.

Money that you earn from keeping your money in the bank is .............

a)

fare

b)

fine

c)

fee

d)

interest

5.

The official currency of Canada is the ______, often abbreviated by $ or Can$ or C$ to distinguish it from other currencies.

a)

Ruble

b)

Dollar

c)

Euro

d)

Franc

6.

The issuance of the ________ is controlled by the Reserve Bank of India.

a)

Euro

b)

Rupee

c)

Ruble

d)

Rand

7.

Buckingham Palace is home to the royal family. Which currency would the royals use on a daily basis?

a)

Dollar

b)

New Shekel

c)

Pound Sterling

d)

Euro

8.

where do you find shopping complexes?

a)

Rural area

b)

Urban area

c)

Both 1 and 2

d)

None of these

9.

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

10.

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

11.

What is a neighbourhood Market?

a)

marketplaces next to residential areas

b)

shops in huge malls

c)

a weekly market

d)

a shopping complex

12.

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

13.

The supply of goods depend upon the requirement of customers

a)

True

b)

False

14.

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

a)

True

b)

False

15.

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

a)

Ancient

b)

Modern

c)

medieval

16.

What is a market?

a)

Is a place where we buy only toys and candies

b)

Is a place where things are bought and sold

17.

A market is not always a physical place

a)

True

b)

False

18.

What is import?

a)

To bring in goods from another country.

b)

To bring in only cars from another country,

19.

What do we use to pay nowadays?

a)

Trade

b)

Money

c)

Credict cards

20.

Items you buy: tangible object that satisfies wants

a)

goods

b)

service

c)

needs

d)

wants

21.

People who work

a)

Natural Resources

b)

Human Resources

c)

Capital Resources

22.

Things found in and on earth

a)

Natural Resources

b)

Human Resources

c)

Capital Resources