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Markets Around us Class 7 MCQs Questions with Answers
Appearing Students of Class 7 Exams can download MCQ on Markets Around us Class 7 with Answers from here. By practicing Class 7 Civics Chapter 8 MCQ with Answers, you can score well in the exam. Download Class 7 SST Civics Chapter 8 MCQ in PDF format from the below access links and start practicing on a regular basis for better subject knowledge.
Question 1.
The shops that are useful as they are near our home and we can go there on any day of the week are:
(a) Neighbourhood shops
(b) Shops on weekly market
(c) None
Answer
Answer: (a) Neighbourhood shops
Question 2.
Who buys products in large quantities?
(a) Workers
(b) Retailers
(c) Wholesale traders
Answer
Answer: (c) Wholesale traders
Question 3.
A ……………. has a permanent shop.
(a) Hawker
(b) Shop owner
(c) Both (a) and (b)
Answer
Answer: (b) Shop owner
Question 4.
A market that is held on a specific day of a week is:
(a) Daily market
(b) Weekly market
(c) None
Answer
Answer: (b) Weekly market
Question 5.
A hawker sells his goods at:
(a) Cheaper rates
(b) Costly rates
(c) Free of cost
Answer
Answer: (a) Cheaper rates
Question 6.
Who is traders?
(a) People between employee and consumer
(b) People between producer and consumer
(c) People between staff and employee
(d) None of these
Answer
Answer: (b) People between producer and consumer
The people in between the producer and the final consumer are the traders.
Question 7.
what is done in the wholesale markets?
(a) Goods reach here at very last
(b) Goods are very higher in price
(c) Goods first reach here
(d) None of these
Answer
Answer: (c) Goods first reach here
This is where goods first reach and are then supplied to other traders.
Question 8.
what are link between producers in traders?
(a) Wholesaler
(b) Customer
(c) Retailer
(d) None of these
Answer
Answer: (b) Customer
Traders are the link between producers and Customer. The wholesale trader first buys goods in large quantities.
Question 9.
what is required to do cashless shopping?
(a) Ration card
(b) Credit card
(c) Driving license
(d) All of these
Answer
Answer: (b) Credit card
People in urban areas can enter markets without stepping out of their homes via the Internet. They use their credit cards to make online purchases.
Question 10.
what refers to buying and selling in large quantities?
(a) Weekly market
(b) Wholesale
(c) Mall
(d) Cineplex
Answer
Answer: (b) Wholesale
Wholesale refers to buying and selling in large quantities. Most products, including vegetables, fruits and flowers have special wholesale markets.
Question 11.
Who is a retailer?
(a) Small traders
(b) Whole sale
(c) Sales man
(d) None of these
Answer
Answer: (a) Small traders
Retailers are small traders who buy goods from the wholesale trader and sell this to the consumers.
Question 12.
what do you mean by malls?
(a) Multi-storied building
(b) Wholesaler
(c) Retailers
(d) None of these
Answer
Answer: (a) Multi-storied building
Malls are multi-storied air-conditioned buildings with shops on different floors.
Match the following
1.
| Column I | Column II |
| 1. Shop owner | (a) Enclosed shopping space |
| 2. Online purchases | (b) Not affordable by all |
| 3. Mall | (c) Permanent shop |
| 4. Weekly market | (d) Credit card or debit card |
| 5. Branded products | (e) Held on a specific day of a week |
Answer
Answer:
| Column I | Column II |
| 1. Shop owner | (c) Permanent shop |
| 2. Online purchases | (d) Credit card or debit card |
| 3. Mall | (a) Enclosed shopping space |
| 4. Weekly market | (e) Held on a specific day of a week |
| 5. Branded products | (b) Not affordable by all |
Fill in the blanks
1. A ……………. market held on a specific day of the week.
Answer
Answer: weekly
2. People between the producer and the final consumer are ……………. .
Answer
Answer: traders
3. A ……………. is an enclosed shopping space.
Answer
Answer: mall
4. A ……………. does not have a permanent shop.
Answer
Answer: hawker
5. Weekly markets are advantageous as products here are ……………. .
Answer
Answer: cheaper
6. ……………. generates employment in production, distribution and sale of goods.
Answer
Answer: Marketing
7. The ……………. trader buys goods in huge quantities from the producer and then sells these goods to the retailers.
Answer
Answer: wholesale
8. ……………. is a place from where we buy many things such as clothes, food items, et(c)
Answer
Answer: Market
9. For making online purchases we use ……………. .
Answer
Answer: credit card
10. A roadside hawker sells his goods at ……………. rate.
Answer
Answer: cheaper
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