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Market around us (class 7)

Total questions: 9

Worksheet time: 3mins

Name
Class
Date
1.

Those who buy goods and services for their use are known as

a)

Producers

b)

Traders

c)

Consumers

2.

The 'e' in e-choupal stands for

a)

An electronically linked Internet connection

b)

An intermediary

c)

Agricultural marketing

3.

A chain store is an example of

a)

Retail market

b)

Wholesale market

c)

Weekly market

4.

People who engaged in the production of goods and services are known as

a)

Producers

b)

Consumers

c)

Traders

5.

Intermediaries sell the farmer's produce to wholesale who are known as

a)

Sanchalak

b)

Arhatiyas

c)

Intermediaries

6.

Markets are classified into

a)

Two main types

b)

Three main types

c)

Four main types

7.

Shops which deal in the sale of a particular kind of product are known as

a)

Speciality stores

b)

Malls

c)

Departmental stores

8.

The retailers do not sell their goods from a fixed place and carry their business by moving from one place to another

a)

Fixed shop retailers

b)

Speciality store

c)

Mobile traders

9.

The last link in the distribution chain that starts when the retailers buys goods from the wholesaler and ends when the retailer sells it directly to the customers for their personal, non-commercial use

a)

Wholesale market

b)

Retail market

c)

Both of them