8. Markets Around Us
Class 7 Social Science
Question 1. What are the different types of markets?
(a) Weekly
(b) neighbourhood
(c) Mall
(d) All of these
Answer: (d) All of these
Question 2. Why is the weekly market called so?
(a) Because it is held on a specific day of the week
(b) Because it is held on alternate days
(c) Because it is held daily
(d) All of the above
Answer: (a) Because it is held on a specific day of the week
Question 3. Shopkeepers in a weekly market are ---.
(a) small traders
(b) large traders
(c) wholesalers
(d) all of these
Answer: (a) small traders
Question 4. From where can we buy the medicines?
(a) Weekly market
(b) Dairy
(c) Chemist shop
(d) Groceries Shop
Answer: (c) Chemist shop
Question 5. The roadside hawkers sell ---.
(a) vegetables
(b) fruits
(c) plastic items
(d) all of these
Answer: (d) all of these
Question 6. What is an enclosed shopping space in shops, restaurants and cinema theatres?
(a) Mall
(b) Local market
(c) Weekly market
(d) None of these
Answer: (a) Mall
Question 7. What shops refer to buying and selling in large quantities?
(a) Weekly market
(b) Mall
(c) Wholesale
(d) Cineplex
Answer: (c) Wholesale
Question 8. Where is the largest wholesaling vegetable market in Delhi?
(a) Azadmarket
(b) Azadpur
(c) Azad Nagar
(d) None of these
Answer: (b) Azadpur
Question 9. What is a series of markets that is connected like links in a chain because products pass from one market to another?
(a) Chain of market
(b) Wholesale market
(c) Weekly market
(d) Shopping malls
Answer: (a) Chain of market
Question 10. 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
Answer: (d) Both of these
Question 11. What type of items are sold in the malls?
(a) Branded
(b) Unbranded
(c) Cheap
(d) All of these
Answer: (a) Branded
Match the contents of Column A with that of Column B.
Column A Column B
1. Retailer (a) People between producer and consumer
2 Wholesaler (b) Goods are stored here
3. Trader (c) Selling directly to consumer
4. Godown (d) Buying and selling in large quantities
Answer:
Column A Column B
1. Retailer (c) Selling directly to consumer
2 Wholesaler (d) Buying and selling in large quantities
3. Trader (a) People between producer and consumer
4. Godown (b) Goods are stored here
Fill in the blanks with appropriate words.
1. Weekly markets have ………….. shops
Answer: temporary
2. A wholesale trader sells the goods to a ………………
Answer: retailer
3. In malls we get both …………… and ………….. goods.
Answer: branded and unbranded
4. Traders are a link between ………….. and ……………
Answer: producers and consumers
5. We can purchase goods through …………….. without going to the markets.
Answer: internet
State whether the given statements are true or false.
1. We have temporary and permanent shops in our neighbourhood.
Answer: True
2. Shopping complexes are made in rural areas.
Answer: False
3. Shops in the neighbourhood provide goods even on credit.
Answer: True
4. It is necessary to go to the market to purchase goods.
Answer: False
5. A weekly market trader earns little compared to the regular shopkeeper.
Answer: True
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