This quiz works best with JavaScript enabled. Home > Class 7 > Class 7 Civics Chapter 7 Markets Around Us – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Class 7 Civics Chapter 7 Markets Around Us Quiz 4 (25 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In India, most farmers practise ..... farming. A) Terrace. B) Cotton. C) Subsistence. D) None of the above. Show Answer Correct Answer: C) Subsistence. 2. The increasing number of supermarkets in the cities is not good for ..... A) Owner of supermarket. B) Smaller shop owners. C) Customer. D) None of the above. Show Answer Correct Answer: B) Smaller shop owners. 3. Which of the following is NOT a type of physical market mentioned in the text? A) Local markets. B) Regional markets. C) Global markets. D) National markets. Show Answer Correct Answer: C) Global markets. 4. What is the primary reason for the unequal earnings of shop owners in different markets? A) The location of the market. B) The size of the market. C) Their business strategy. D) Their access to credit facilities. Show Answer Correct Answer: C) Their business strategy. 5. WHO IS THE FIRST LINK IN THE CHAIN OF MARKETS? A) CONSUMER. B) BUYER. C) RETAILER. D) MANUFACTURER. Show Answer Correct Answer: D) MANUFACTURER. 6. How does the text describe the shops in a weekly market? A) Permanent and spacious buildings. B) Temporary setups with no permanent shops. C) Limited variety of goods available. D) Highly automated with modern technology. Show Answer Correct Answer: B) Temporary setups with no permanent shops. 7. Why do people go to Weekly Markets? A) Products are cheaper. B) Bargaining can be done. C) It's not very far from people's houses so they can spend less time travelling. D) All of these. Show Answer Correct Answer: D) All of these. 8. What is the Manchester of north India? A) Kolkata. B) Delhi. C) Kanpur. D) Jaipur. Show Answer Correct Answer: C) Kanpur. 9. How do government regulations impact markets? A) Government regulations have no impact on markets. B) Government regulations can impact markets by influencing the behavior of businesses, consumers, and investors through rules and restrictions. C) Government regulations only benefit businesses and not consumers. D) Government regulations always lead to market instability. Show Answer Correct Answer: B) Government regulations can impact markets by influencing the behavior of businesses, consumers, and investors through rules and restrictions. 10. Which of the following factor does not influence the access of people to the market? A) Proximity. B) Availability of Goods and Services:. C) Name of the market. D) Quality of Products. Show Answer Correct Answer: C) Name of the market. 11. 1 ..... is a medium that allows buyers and sellers of a specific good or service to interact in order to facilitate an exchange. A) Import. B) Export. C) Market. D) All of these. Show Answer Correct Answer: C) Market. 12. How Many Types Of Markets Are There And What Are They? A) 3-They AreWeekly Markets, Daily Markets, Shopping Malls And Complexes. B) 4-They Are Weekly Markets, Daily Markets, Shopping Complexes And Malls, Neighboring Markets. C) 3-They Are Weekly Markets, Neighboring Markets, Shopping Malls And Complexes. D) There Are 5 Types Of Markets. Show Answer Correct Answer: C) 3-They Are Weekly Markets, Neighboring Markets, Shopping Malls And Complexes. 13. A ..... buys good in bulk from manufacturers A) Arhatia. B) Wholesaler. C) Retailer. D) Wholsaler. Show Answer Correct Answer: B) Wholesaler. 14. What does refer to buying and selling in large quantities? A) Weekly market. B) Mall. C) Wholesale. D) Cineplex. Show Answer Correct Answer: C) Wholesale. 15. E-chaupal was launched in: A) 2000. B) 2002. C) 1999. D) None of the above. Show Answer Correct Answer: A) 2000. 16. The roadside hawkers sell A) Vegetables. B) Fruits. C) Plastic items. D) All of these. Show Answer Correct Answer: D) All of these. 17. We can purchase goods through which of the following means other than markets: A) Internet. B) Phone. C) None of these. D) Both of these. Show Answer Correct Answer: D) Both of these. 18. (Question from shirt in the market) In a ..... people with common interests come together and work for their mutual benefit. A) Cooperative. B) Wholesale. C) Mall. D) Factory. Show Answer Correct Answer: A) Cooperative. 19. Persons who buy the goods from a wholesaler and sell it to consumers for their use A) Producer. B) Consumer. C) Trader. D) Retailer. Show Answer Correct Answer: D) Retailer. 20. The type of items sold in the malls are A) Branded. B) Non branded, but expensive. C) Branded and expensive. D) All. Show Answer Correct Answer: B) Non branded, but expensive. 21. What is a market? A) A place where we buy medicines. B) A place to popularize products. C) A place where goods and services are exchanged for a price. D) None of the above. Show Answer Correct Answer: C) A place where goods and services are exchanged for a price. 22. The ITC Ltd. has established ..... in villages through whom the farmers can have intormation about market Prices of grains, vegetables, etc. A) Agricultural Produce Marketing Committee. B) Rice Mills. C) Panchayats. D) E-chapals. Show Answer Correct Answer: D) E-chapals. 23. What kind of goods are often sold through online platforms? A) Raw materials. B) Consumable goods. C) Final products. D) Medical supplies. Show Answer Correct Answer: C) Final products. 24. According to the text, what is the term used to describe small-sized paintings done on cloth or paper? A) Murals. B) Frescoes. C) Miniatures. D) Portraits. Show Answer Correct Answer: C) Miniatures. 25. According to the text, why can people bargain for cheaper rates in weekly markets? A) Because the shops are permanent. B) Because there are fewer customers. C) Because the same goods are available in all shops. D) Because the government controls the prices. Show Answer Correct Answer: C) Because the same goods are available in all shops. ← 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 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