What are different types of markets?
  • Weekly
  • neighbourhood
  • Mall
  • All of these
Why is weekly market called so?
  • Because it is held on a specific day of the week
  • Because it is held on alternate days
  • Because it is held daily
  • All of the above
Shopkeepers in a weekly market are
  • small traders
  • large traders
  • wholesalers
  • all of these
From where can we buy the medicines?
  • Weekly market
  • Dairy
  • Chemist shop
  • Groceries
The road side hawkers sell a large building with many floors having
  • vegetables
  • fruits
  • plastic items
  • all of these
What is an enclosed shopping space in shops, restaurants and cinema theatres?
  • Mall
  • Local market
  • Weekly market
  • None of these
What dpes refer to buying and selling in large quantities?
  • Weekly market
  • Mall
  • Wholesale
  • Cineplex
Where is the largest wholesaling vegetable market in Delhi?
  • Azadmarket
  • Azadpur
  • Azad Nagar
  • None of these
What is a series of markets that is connected like links in a chain because products ' pass from one market to another?
  • Chain of market
  • Wholesale market
  • Weekly market
  • Shopping malls
We can purchase goods through which of the following means other than markets:
  • Internet
  • Phone
  • None of these
  • Both of these
What type of items are sold in the malls?
  • Branded
  • Unbranded
  • Cheap
  • All of these
What is a market?
  • Only online buying
  • Only physical shops
  • A place where buying and selling happens
  • A food court
What is the local word for market in Kannada?
  • Haat
  • Mārukatté
  • Mandi
  • Shandy
Which historical market was located near Virupaksha Temple?
  • Surat
  • Hampi Bazaar
  • Varanasi
  • Delhi Haat
What is the essential condition for a transaction in a market?
  • Advertisement
  • Negotiation
  • Agreement on price
  • Discount
What do buyers and sellers do to fix a price?
  • Argue
  • Ignore
  • Negotiate and bargain
  • Fight
What happens if the seller fixes the price too high?
  • Buyers buy more
  • Buyers walk away
  • Price increases
  • Farmers gain
Which of the following is NOT a physical market?
  • Weekly bazaar
  • Shopping mall
  • Flipkart app
  • Johari Bazaar
Which market operates through websites or apps?
  • Retail market
  • International market
  • Online market
  • Wholesale market
What is a wholesaler?
  • Sells goods in small quantity
  • Buys goods in bulk
  • Manufactures goods
  • Works in offices
What does a retailer do?
  • Exports goods
  • Manufactures goods
  • Sells directly to consumers
  • Buys goods from consumers
Cold storage is required for:
  • Books
  • Electronic items
  • Vegetables and fruits
  • Clothes
What is a mandi?
  • Cold room
  • Storage
  • Market for farm produce
  • Website
Surat is known for:
  • Spices
  • Electronics
  • Textile
  • Jewellery only
Who is an aggregator in online markets?
  • Manufacturer
  • Transporter
  • A platform combining sellers
  • Farmer
What is the role of the government in markets?
  • Exporting goods
  • Farming
  • Regulating prices and quality
  • Buying everything
What is public good?
  • Only for rich
  • Needs payment to access
  • Available to all
  • Sold in malls
Which certification is found on food packets?
  • ISI
  • BEE
  • FSSAI
  • AGMARK
What does AGMARK certify?
  • Electricals
  • Packaged food
  • Agricultural products
  • Jewellery
What happens when supply of onions drops?
  • Prices fall
  • Prices rise
  • No effect
  • Government buys all
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