This quiz works best with JavaScript enabled. Home > Cbse > Class 7 > Civics > Markets Around Us > Class 7 Civics Chapter 7 Markets Around Us – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 7 Civics Chapter 7 Markets Around Us Quiz 6 (60 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. ..... is the process in which people, ideas and goods spread throughout the world, spurring more interaction and integration between the world's cultures, governments and economies. A) Globalization. B) Socialization. C) All the above. D) None of the above. Show Answer Correct Answer: A) Globalization. 2. When was the Consumer Protection Act approved? A) August 9, 2019. B) August 9, 2021. C) August 9, 2020. D) August 9, 2018. Show Answer Correct Answer: A) August 9, 2019. 3. HOTS:What the issues related to buying and selling? (You might choose more than 1 answers) A) Crowded areas. B) Suffering loss. C) Tiredness. D) None of the above. Show Answer Correct Answer: A) Crowded areas. 4. Who are sellers in the weekly market? A) Businessmen. B) Small traders. C) Industrialists. D) Large sellers. Show Answer Correct Answer: B) Small traders. 5. 4 Markets influence our ..... A) Culture. B) Choices. C) Lifestyle and attitudes. D) All of these. Show Answer Correct Answer: D) All of these. 6. There are ..... channels of distribution in marketing. A) Three. B) Two. C) Four. D) One. Show Answer Correct Answer: B) Two. 7. What does Sameer, a seller of clothes in the weekly market, attribute the lower prices to? A) Low overhead expenses of temporary shops. B) Limited choices for buyers. C) Lack of competition among traders. D) High wages paid to family members. Show Answer Correct Answer: A) Low overhead expenses of temporary shops. 8. Which of the following is a salient feature of neighbourhood shops? A) They are fully air conditioned and multi-storeyed. B) Tuesday market is an example of this market. C) Here, shopkeepers give goods on credit to their consumers. D) These shops are temporary. Show Answer Correct Answer: C) Here, shopkeepers give goods on credit to their consumers. 9. One of the positive effects of Globalization? A) More wealth equality throughout the world. B) Rich countries gets more wealth. C) Help is population growth. D) None of the above. Show Answer Correct Answer: A) More wealth equality throughout the world. 10. Match the following types of markets with their characteristics: A) Weekly Market-a) Expensive, branded products. B) Shopping Mall-b) Local vendors selling daily needs. C) Neighbourhood Shops-c) Temporary stalls open on specific days. D) Wholesale Market-d) Traders buy in bulk and sell to retailers. Show Answer Correct Answer: A) Weekly Market-a) Expensive, branded products. 11. In Retail Market, Asher noticed that goods are in:- A) Bulk and low price. B) Small quantity and high price. C) All the above. D) None of the above. Show Answer Correct Answer: B) Small quantity and high price. 12. A hawker sells big and heavy items like automobiles and electronic items etc. A) Disagree. B) Agree. C) All the above. D) None of the above. Show Answer Correct Answer: A) Disagree. 13. TRUE OR FALSEWholesalers sell goods to consumers directly A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 14. What does the text say about the prices in weekly markets? A) They are always higher than other markets. B) They are fixed and non-negotiable. C) Things are available at cheaper rates. D) Prices are set by the government. Show Answer Correct Answer: C) Things are available at cheaper rates. 15. BRANDED ITEMS ARE ..... A) COSTLY. B) CHEAP. C) REASONABLE. D) NONE OF THESE. Show Answer Correct Answer: A) COSTLY. 16. Who finally sell goods to consumer? A) Agents. B) Retailer. C) Wholeseller. D) Producers. Show Answer Correct Answer: B) Retailer. 17. Why did Sujata carry a notebook while buying groceries? A) To remember her daily tasks. B) To keep track of her expenses. C) To take notes for her studies. D) To list the items she needs. Show Answer Correct Answer: B) To keep track of her expenses. 18. How does the chapter connect buying and selling to equality? A) It argues that everyone can afford goods in malls. B) It suggests that only the rich can be buyers and sellers. C) It explores the unequal opportunities for buyers and sellers. D) It claims that markets ensure equal distribution of wealth. Show Answer Correct Answer: C) It explores the unequal opportunities for buyers and sellers. 19. 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. D) None of the above. Show Answer Correct Answer: C) A group of shops under one roof in urban areas. 20. In general, the people who buy stocks from the producers and then supply it to the consumers are called ..... A) Contractors. B) Retailers. C) Traders. D) None of the above. Show Answer Correct Answer: C) Traders. 21. Sometimes the buyer and the seller know each other and the buyer is trustworthy to the seller so the seller provides the goods on credit to the buyer when asked for. The word 'credit' in this sense means? A) Buyer can pay for the purchase later. B) Buyer can do bartering. C) Buyer has to pay before the purchase. D) Buyer does not have to pay for the goods bought. Show Answer Correct Answer: A) Buyer can pay for the purchase later. 22. What are retailers? A) A shopkeeper who sells in a mall. B) A shopkeeper that sells in a large quantity. C) A shopkeeper that sells in small quantities. D) A shopkeeper who sells retails. Show Answer Correct Answer: C) A shopkeeper that sells in small quantities. 23. Is this story correct Aftab a wholesaler starts his business around 2.am Vegetables reaches the mandi from nearby areas He participates in the auction for selecting which vegetables to buy He stores these branded goods in his shop and further sells it to hawkers or shopkeepers. These retailers come to the mandi around 6 am and reach their own areas by 10 in the morning. A) TRUE. B) FALSE. C) All the above. D) None of the above. Show Answer Correct Answer: B) FALSE. 24. The ..... owners doesn't have to pay taxes and rent. A) Weekly market. B) Neighbourhood market. C) All the above. D) None of the above. Show Answer Correct Answer: A) Weekly market. 25. The wholesale market is a place from where A) Consumers buy products. B) We get medicines. C) Farmers buy the fish. D) Retailers buy products. Show Answer Correct Answer: D) Retailers buy products. 26. Which statements indicate that buyers and sellers are differently placed in the market? A) Some buyers are busy shopping in malls, others cannot afford even cheap goods. B) All sellers cannot sell their goods in a mall. C) There is competition among sellers in a weekly market. D) Both a and b. Show Answer Correct Answer: D) Both a and b. 27. The owner of City Mart from Kochas wants to increase his customer base. What should he do from these options? A) Offer Discounts and Promotions. B) Reduce the product range. C) Ignore store appearance. D) All of these. Show Answer Correct Answer: A) Offer Discounts and Promotions. 28. Only some goods travel through a chain of markets before they reach us. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 29. Who is the final recipient in the chain of markets? A) Producer. B) Consumer. C) Wholesale trader. D) Retailer. Show Answer Correct Answer: B) Consumer. 30. Which of the following descriptions of "Madhupark" (that is situated in your own locality Kochas) is most accurate? A) A food-based small shop famous for its spicy chutneys. B) A mini restaurant famous for its vegetarian dishes and sweets. C) A food quench hub famous for its snacks and pastries. D) A juice bar famous for its healthy smoothies. Show Answer Correct Answer: B) A mini restaurant famous for its vegetarian dishes and sweets. 31. In what way do permanent shops in shopping complexes differ from weekly markets? A) Lower quality products. B) Exclusive brands. C) Higher competition. D) Variable pricing. Show Answer Correct Answer: B) Exclusive brands. 32. THE ..... BRING FRUITS AND VEGETABLES TO OUR DOORSTEP. A) RETAILERS. B) PRODUCERS. C) VENDORS. D) WHOLESALERS. Show Answer Correct Answer: C) VENDORS. 33. In a weekly market, prices are higher than those in shopping malls because the shop owners have to pay rent and electricity bills. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 34. Where do we buy groceries from A) Dairy. B) Departmental Store. C) Stationary. D) Pharmacy. Show Answer Correct Answer: B) Departmental Store. 35. What encourages production and creates opportunities in the chain of markets? A) Advertising. B) Reduced demand. C) Increased prices. D) Selling of goods. Show Answer Correct Answer: D) Selling of goods. 36. 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. Show Answer Correct Answer: B) Most of the things needed by the customers are available under one rooF. 37. What is the purpose of a market? A) Facilitate the exchange of goods and services between buyers and sellers. B) To offer free samples of products. C) To provide entertainment for the community. D) To promote healthy eating habits. Show Answer Correct Answer: A) Facilitate the exchange of goods and services between buyers and sellers. 38. Which of the following is a type of retail store that is independently owned and operated, but follows the business model and guidelines of a larger company? A) Chain store. B) Department store. C) Online market. D) Franchise outlet. Show Answer Correct Answer: D) Franchise outlet. 39. Intermediaries are also known as: A) Arhatias. B) Operator. C) Dallas. D) None of the above. Show Answer Correct Answer: C) Dallas. 40. What is the significance of the Azadpur, Daryaganj, Keshopur, and Okhla markets in the city of Delhi? A) They are popular shopping complexes. B) They are known for weekly markets. C) They are areas for wholesale markets. D) They are famous malls in the city. Show Answer Correct Answer: C) They are areas for wholesale markets. 41. A shopping complex/mall consists of: A) Many Shops. B) Houses. C) Fields. D) Small huts. Show Answer Correct Answer: A) Many Shops. 42. The town wholesale trader directly buys the stocks from the producers. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 43. Traders procure goods from A) Neighbourhood. B) Weekly Market. C) Wholesale market. D) Retail market. Show Answer Correct Answer: C) Wholesale market. 44. Which village is synonymous with silk saris A) Pochampally. B) Pochampally. C) Pochampll. D) Pochampally. Show Answer Correct Answer: A) Pochampally. 45. Weekly markets are ..... A) Permanent. B) Makeshift. C) Small. D) Expensive. Show Answer Correct Answer: B) Makeshift. 46. Akbars revenue minister was ..... A) Abul fazl. B) Your goods. C) Birbal. D) Single-line. Show Answer Correct Answer: B) Your goods. 47. In indirect channel of distribution producers sell their goods directly to the consumer A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 48. In the context of shopping complexes and malls, why did Sujata take Kavita to another shop for ready-made clothes? A) The other shop had more reasonable prices. B) The other shop had better security. C) The other shop had more expensive clothes. D) The other shop had a better collection. Show Answer Correct Answer: A) The other shop had more reasonable prices. 49. Who among the following sell goods at higher price than other in the chain market A) Agent. B) Wholesaler. C) Producer. D) Retailer. Show Answer Correct Answer: D) Retailer. 50. What type of goods are often bought and sold indirectly without direct use by consumers? A) Medical supplies. B) Consumable goods. C) Final products. D) Raw materials. Show Answer Correct Answer: D) Raw materials. 51. 3 ..... leads to the economic development. A) Innovation. B) Fixed market prices. C) High market prices. D) Control on imports. Show Answer Correct Answer: A) Innovation. 52. Where can we buy medicines? A) Dairy. B) Chemist shop. C) Weekly market. D) Groceries. Show Answer Correct Answer: B) Chemist shop. 53. Fixed shop retailers do not provide credit facilty to its regular customers. A) False. B) Cannot say. C) Insufficient information. D) True. Show Answer Correct Answer: A) False. 54. From which of these shops, would you buy medicines? A) Pharmacy. B) Grocery store. C) Myntra. D) None of these. Show Answer Correct Answer: A) Pharmacy. 55. Weekly markets ..... shops A) Have permanent. B) Do not have permanent shops. C) All the above. D) None of the above. Show Answer Correct Answer: B) Do not have permanent shops. 56. It is a market where goods are sold direct to the consumers: A) International market. B) Wholesale market. C) Retail market. D) None of the above. Show Answer Correct Answer: C) Retail market. 57. The seller charges the same price for a product from all customers in case of A) Fixed price. B) Flexible price. C) Customer satisfaction. D) None of these. Show Answer Correct Answer: A) Fixed price. 58. The urban markets in the form of malls sell ..... goods. A) Branded. B) Non-branded. C) Both a and b. D) None of the above. Show Answer Correct Answer: C) Both a and b. 59. A ..... has a permanent shop. A) Hawker. B) Shop owner. C) Customer. D) None. Show Answer Correct Answer: B) Shop owner. 60. Our democracy is divided into ..... branches. A) 2. B) 4. C) 1. D) 3. Show Answer Correct Answer: D) 3. ← PreviousRelated QuizzesCivics QuizzesClass 7 QuizzesClass 7 Civics Chapter 7 Markets Around Us Quiz 1Class 7 Civics Chapter 7 Markets Around Us Quiz 2Class 7 Civics Chapter 7 Markets Around Us Quiz 3Class 7 Civics Chapter 7 Markets Around Us Quiz 4Class 7 Civics Chapter 7 Markets Around Us Quiz 5 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books