This quiz works best with JavaScript enabled. Home > Class 7 > Class 7 Civics Chapter 7 Markets Around Us – Quiz 13 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 7 Civics Chapter 7 Markets Around Us Quiz 13 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. What type of items are USUALLY sold in the malls? A) Branded. B) Unbranded. C) Cheap. D) All of these. Show Answer Correct Answer: A) Branded. 2. According to Sameer, why are things cheaper in weekly markets? A) Lack of competition. B) Lower quality products. C) Lower expenses for shop owners. D) Higher expenses for shop owners. Show Answer Correct Answer: C) Lower expenses for shop owners. 3. What is a specialty store? A) A retail store that sells only one type of product. B) A retail store that sells a wide variety of products organized into different departments. C) A retail store that sells products at discounted prices. D) A retail store that sells products exclusively online. Show Answer Correct Answer: A) A retail store that sells only one type of product. 4. Competitive market leads to the ..... A) Globalization. B) Innovation. C) Competition. D) None of the above. Show Answer Correct Answer: B) Innovation. 5. The final product reaches the buyers through: A) Wholesalers. B) Chain of Market. C) Consumers. D) None of the above. Show Answer Correct Answer: B) Chain of Market. 6. Markets Establish a link between A) Producers and Consumers. B) Traders And Craftsmen. C) Traders And Salesperson. D) None of the above. Show Answer Correct Answer: A) Producers and Consumers. 7. Markets are closely linked to these subjects ..... A) Math and English. B) Physics. C) Biology. D) None of these. Show Answer Correct Answer: A) Math and English. 8. When was Rythu Bazar started in Andhra Pradesh? A) January 1998. B) January 1999. C) January 2000. D) January 2001. Show Answer Correct Answer: B) January 1999. 9. An example of advanced market system is ..... A) Shopping Mall. B) Online market. C) Wholesale market. D) Supermarket. Show Answer Correct Answer: B) Online market. 10. Why do people sell in weekly markets? A) A) To find large amount customers. B) B) Because setting up a shop in a weekly markets is cheap and they do not have to pay rent. C) C) Because they can compete with other sellers. D) Both a) and b). Show Answer Correct Answer: D) Both a) and b). 11. Shop keepers in a weekly market are ..... A) Small traders. B) Large traders. C) Wholesalers. D) All of these. Show Answer Correct Answer: A) Small traders. 12. Where are shopping complexes found? A) Urban areas. B) Rural areas. C) All the above. D) None of the above. Show Answer Correct Answer: A) Urban areas. 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. Show Answer Correct Answer: A) Mall. 14. What is a mall? A) Weekly markets. B) A mall is a large enclosed shopping complex comprising of various stores business cinema theaters and restaurants. C) None of these. D) None of the above. Show Answer Correct Answer: B) A mall is a large enclosed shopping complex comprising of various stores business cinema theaters and restaurants. 15. In the scenario at the grocery shop, why did Sujata note down the amount in her notebook? A) To keep a record of her purchases. B) To show the shop owner her calculations. C) To compare prices with other shops. D) To remember the amount she spent. Show Answer Correct Answer: A) To keep a record of her purchases. 16. ..... 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. 17. When was the Consumer Protection Act approved? A) August 9, 2018. B) August 9, 2019. C) August 9, 2020. D) August 9, 2021. Show Answer Correct Answer: B) August 9, 2019. 18. 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. 19. Who are sellers in the weekly market? A) Businessmen. B) Small traders. C) Industrialists. D) Large sellers. Show Answer Correct Answer: B) Small traders. 20. 4 Markets influence our ..... A) Culture. B) Choices. C) Lifestyle and attitudes. D) All of these. Show Answer Correct Answer: D) All of these. 21. There are ..... channels of distribution in marketing. A) One. B) Two. C) Three. D) Four. Show Answer Correct Answer: B) Two. 22. What does Sameer, a seller of clothes in the weekly market, attribute the lower prices to? A) Lack of competition among traders. B) Low overhead expenses of temporary shops. C) High wages paid to family members. D) Limited choices for buyers. Show Answer Correct Answer: B) Low overhead expenses of temporary shops. 23. 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. 24. 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. 25. 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. ← 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