This quiz works best with JavaScript enabled. Home > Class 7 > Class 7 Civics Chapter 7 Markets Around Us – Quiz 12 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 7 Civics Chapter 7 Markets Around Us Quiz 12 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Marketing establishes a link between producers and consumers through A) Markets. B) Consumption. C) Traders. D) Products. Show Answer Correct Answer: C) Traders. 2. When an item on distributed from another place A) Physical markets. B) Trade markets. C) Importing. D) Exporting. Show Answer Correct Answer: C) Importing. 3. Where is the wholesaling vegetable market in Delhi? A) (a) Azadmarket. B) (b) Azadpur. C) (C) Azad Nagar. D) None of the above. Show Answer Correct Answer: B) (b) Azadpur. 4. Credit is usually allowed in ..... A) Shopping malls. B) Weekly markets. C) Neighbourhood shops. D) None of the above. Show Answer Correct Answer: C) Neighbourhood shops. 5. Weekly markets have ..... shops A) Temporary. B) Permanent. C) Big. D) None of the above. Show Answer Correct Answer: A) Temporary. 6. According to the text, what happens to the price of products when there is an agent between producers and consumers? A) The price decreases. B) The price remains the same. C) The price increases. D) The price fluctuates randomly. Show Answer Correct Answer: C) The price increases. 7. What is the advantage of weekly markets, as mentioned in the text? A) Variety of goods at one place. B) Exclusive brands. C) High advertising exposure. D) Variable pricing strategies. Show Answer Correct Answer: A) Variety of goods at one place. 8. Tick The Correct Benefit of market A) It Reduces the amount of loss of money. B) It helps us contacting the dirct channels of distribution. C) It treats customer as slaves. D) Markets helps in improving peoples standard of living. Show Answer Correct Answer: D) Markets helps in improving peoples standard of living. 9. Items that are required everyday are sold near houses A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 10. Traders of weekly market set up at a different place the next day. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 11. What do you understand by 'Chain of Markets'? A) Markets linked together where products are passed until it reaches the consumers. B) Markets buying other market products. C) The process of selling products to one another directly. D) All of the above. Show Answer Correct Answer: A) Markets linked together where products are passed until it reaches the consumers. 12. What type of goods are typically more expensive in shopping malls? A) Non-branded goods. B) Local products. C) Branded goods. D) Wholesale items. Show Answer Correct Answer: C) Branded goods. 13. In which urban areas can people enter markets without stepping out of their homes? A) Weekly markets. B) Shopping complexes. C) Malls. D) Internet markets. Show Answer Correct Answer: D) Internet markets. 14. Branded goods are expensive because they are advertised and claims better quality. The companies producing these sell them through shops in urban markets or special showrooms.This further add to their cost. Few people can afford to buy branded goods. Is the statement correct? A) YES. B) NO. C) All the above. D) None of the above. Show Answer Correct Answer: A) YES. 15. Branded and high quality products are sold in: A) Weekly market. B) Shopping malls. C) None of the above. D) None of the above. Show Answer Correct Answer: B) Shopping malls. 16. One of the best example of advance market system is A) Shopping Mall. B) Super market. C) Online shopping. D) Wholesale market. Show Answer Correct Answer: C) Online shopping. 17. In INDIA most of the farmers practice ..... farming A) Terrace. B) Cotton. C) Cottolidon. D) Subsistence. Show Answer Correct Answer: D) Subsistence. 18. What type of market allows people to buy things without stepping out of their homes? A) Physical market. B) Weekly market. C) Neighborhood market. D) E-commerce market. Show Answer Correct Answer: D) E-commerce market. 19. In Wholesale Market goods are in bulk. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 20. People who are engaged in the production of goods and services are known as: A) Producers. B) Consumers. C) Traders. D) None of the above. Show Answer Correct Answer: A) Producers. 21. The trader who finally sells the goods to the customer is called ..... A) Retailer. B) Customer. C) Wholesale Trader. D) None of these. Show Answer Correct Answer: A) Retailer. 22. How do markets in the story operate in terms of time and location? A) Specific time and location. B) Variable time and location. C) Uniform time and location. D) No specific time and location. Show Answer Correct Answer: A) Specific time and location. 23. Shops in the neighbourhood provide goods even on credit. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 24. Who are typically not interested in selling their products in small quantities? A) Retail shop owners. B) Consumers. C) Industrialists and farmers. D) Street vendors. Show Answer Correct Answer: C) Industrialists and farmers. 25. The ..... variety in Nalgonda is also known as tie and dye variety or ikat A) Ikat. B) Pochampally. C) Medium. D) Moog. Show Answer Correct Answer: B) Pochampally. ← PreviousNext →Related 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 5Class 7 Civics Chapter 7 Markets Around Us Quiz 6Class 7 Civics Chapter 7 Markets Around Us Quiz 7Class 7 Civics Chapter 7 Markets Around Us Quiz 8Class 7 Civics Chapter 7 Markets Around Us Quiz 9Class 7 Civics Chapter 7 Markets Around Us Quiz 10 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books