This quiz works best with JavaScript enabled. Home > Class 7 > Class 7 Civics Chapter 7 Markets Around Us – Quiz 2 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 7 Civics Chapter 7 Markets Around Us Quiz 2 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. It is necessary to go to market to purchase goods. A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: B) False. 2. A market that is held on a specific day of the week is called? A) None. B) Daily market. C) Both. D) Weekly market. Show Answer Correct Answer: D) Weekly market. 3. Why are branded goods often more expensive than non-branded ones? A) Exclusive advertising strategies. B) Higher production costs. C) Promotion of pacifism. D) Lower demand. Show Answer Correct Answer: B) Higher production costs. 4. World water day is celebrated on ..... A) April 22. B) March 22. C) February 22. D) January 22. Show Answer Correct Answer: B) March 22. 5. Why do buyers and sellers in different markets have unequal opportunities? A) Availability of credit. B) Varied market timings. C) Different levels of income. D) Uniform pricing strategies. Show Answer Correct Answer: C) Different levels of income. 6. Which of the following are main wholesale markets in Delhi? A) Okhla. B) Keshpur. C) Daryjang. D) All of the above. Show Answer Correct Answer: A) Okhla. 7. What is an enclosed shopping space in shops, restaurants and cinema theatres? A) Mall. B) Local Market. C) Weekly Market. D) None of these. Show Answer Correct Answer: A) Mall. 8. A ..... buys goods in bulk from manufaturers and sells them to retailers A) Retailers. B) Wholesaler. C) Farmer. D) None of the above. Show Answer Correct Answer: B) Wholesaler. 9. The supply of goods depend upon the requirement of customers A) True. B) False. C) All the above. D) None of the above. Show Answer Correct Answer: A) True. 10. In Erode, the arrangement between the merchant and the weavers is an example of ..... A) Cooperative. B) Wholesale marketing. C) Export Business. D) Putting-out system. Show Answer Correct Answer: D) Putting-out system. 11. Arrange the following steps in the correct order of the chain of markets: A) 1 $\rightarrow$ 2 $\rightarrow$ 3 $\rightarrow$ 4. B) 2 $\rightarrow$ 3 $\rightarrow$ 1 $\rightarrow$ 4. C) 3 $\rightarrow$ 2 $\rightarrow$ 4 $\rightarrow$ 1. D) 2 $\rightarrow$ 1 $\rightarrow$ 3 $\rightarrow$ 4. Show Answer Correct Answer: B) 2 $\rightarrow$ 3 $\rightarrow$ 1 $\rightarrow$ 4. 12. Tara is looking for the best places to buy groceries. Where will she get the products at cheaper rates? A) Weekly Market. B) Shopping Malls. C) Neighbourhood Shops. D) All of the above. Show Answer Correct Answer: A) Weekly Market. 13. The shops that are useful as they are near our home are called? A) Neighbourhood shops. B) None. C) Weekly market shops. D) Both. Show Answer Correct Answer: A) Neighbourhood shops. 14. According to the text, what is the advantage of shops in the neighborhood? A) They offer goods at cheaper rates. B) They provide a variety of goods. C) They allow buyers and sellers to know each other. D) They are permanent and spacious. Show Answer Correct Answer: C) They allow buyers and sellers to know each other. 15. Which is not a kind of market? A) Weekly. B) Wholesale. C) Shopping Complexes. D) Market. Show Answer Correct Answer: D) Market. 16. What does the chapter suggest about the buying and selling of goods that we don't use directly? A) It is a hidden process involving only producers and consumers. B) It happens through special shops in the city and factories. C) It is limited to small-scale transactions between buyers and sellers. D) It doesn't play a significant role in the economy. Show Answer Correct Answer: B) It happens through special shops in the city and factories. 17. "Budh Market" of Delhi is an example of which market? A) Daily market. B) Neighbourhood market. C) Malls. D) Weekly market. Show Answer Correct Answer: D) Weekly market. 18. THE ..... PAYS THE FINAL PRICE FOR THE PRODUCT BOUGHT. A) SELLER. B) SHOPKEEPER. C) CUSTOMER. D) NONE OF THESE. Show Answer Correct Answer: C) CUSTOMER. 19. When is weekly market open A) A particular day. B) Everyday. C) Friday and Saturday. D) None of the above. Show Answer Correct Answer: A) A particular day. 20. Weekly market trader is A) Small Trader. B) Big Businessman. C) Large Trader. D) All of the above. Show Answer Correct Answer: A) Small Trader. 21. Which variety of silk is in a zigzag pattern? A) Moog. B) Ikat. C) Medium. D) Nenda. Show Answer Correct Answer: B) Ikat. 22. A Market Is An ..... Which Allows Buyers And Sellers To Exchange Goods, Services And Information. A) Environment. B) Place. C) Advantage. D) Disadvantage. Show Answer Correct Answer: A) Environment. 23. Users of goods are known as A) Producers. B) Consumers. C) Seller. D) Buyers. Show Answer Correct Answer: B) Consumers. 24. Which one of the following is not a correct statement? A) Malls are run in the urban areas. B) They are mult-storeyed air-conditioned buildings. C) They sell things at cheaper rates. D) They sell both braded and non branded goods. Show Answer Correct Answer: C) They sell things at cheaper rates. 25. What are the link between producers and traders. A) Wholesaler. B) Customer. C) Retailer. D) All of the above. Show Answer Correct Answer: B) Customer. ← PreviousNext →Related QuizzesClass 7 Civics Chapter 7 Markets Around Us Quiz 1Class 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 10Class 7 Civics Chapter 7 Markets Around Us Quiz 11 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books