Class 07 Social Science Markets CBSE Questions & Answers

Class 7 · Social Science Markets

This is Social Science class 07 Social Science Markets CBSE Questions & Answers. There are 15 questions in this test with each question having around four answer choices.

Questions & Answers

1
In recent times goods are also sold through advanced means such as
  • A
    Internet and Home delivery
    Correct
  • B
    Advertisement and TV
  • C
    Radio and newspaper
  • D
    Internet and Radio
2
Budh bazaar and Shani bazaar are the example of
  • A
    International market
  • B
    Shops in neighbourhood
  • C
    Weekly market
    Correct
  • D
    Shopping complex
3
Erodes merchants who sell goods to Delhi they sell to the foreigner who are from
  • A
    Africa and Europe
  • B
    US and Australia
  • C
    US and Africa
  • D
    US and Europe
    Correct
4
The amount that is left or gained from earnings after deducting all the costs. If the costs are more than the earnings, it would lead to a loss.
  • A
    Profit
    Correct
  • B
    Revenue
  • C
    Expenditure
  • D
    Income
5
Who earn the least in the Erode market
  • A
    Consumer
  • B
    Weaver
    Correct
  • C
    Agents
  • D
    Retailer
6
How much is the earning of Swapna from cotton cultivation
  • A
    Earning from cotton cultivation double with her earning if she would work as a labourer
  • B
    Earning from cotton cultivation less than with her earning if she would work as a labourer
  • C
    Earning from cotton cultivation equals with her earning if she would work as a labourer
    Correct
  • D
    Earning from cotton cultivation more then with her earning if she would work as a labourer
7
What work do the women at the Impex garment factory produce
  • A
    Buttoning
  • B
    Ironing
  • C
    All of these
    Correct
  • D
    Thread cutting
8
Putting out system is prevalent in the ___ industry in most region of India
  • A
    Ginning
  • B
    Weaving
    Correct
  • C
    Irrigation
  • D
    Spinning
9
In which market goods are sold and purchase in large quantity
  • A
    National market
  • B
    Retail market
  • C
    Wholesale market
    Correct
  • D
    International market
10
A chain of market links the producer of cotton to the buyer at the ____
  • A
    Weekly market
  • B
    Supermarket
    Correct
  • C
    Mall
  • D
    Shopping complex
11
These markets are not daily markets but are to be found at a particular place on one or maybe two days of the week. These markets most often sell everything that a household needs ranging from vegetables to clothes to utensils.
  • A
    Day Market
  • B
    Weekly market
    Correct
  • C
    Fortnight market
  • D
    Monthly market
12
This is an enclosed shopping space. This is usually a large building with many floors that has shops, restaurants and, at times, even a cinema theatre. These shops most often sell branded products.
  • A
    Mall
    Correct
  • B
    Department
  • C
    Store
  • D
    Shop
13
This refers to buying and selling in large quantities. Most products, including vegetables, fruits and flowers have special wholesale markets.
  • A
    Sellers
  • B
    Wholesale
    Correct
  • C
    Shopkeepers
  • D
    Retail
14
A series of markets that are connected like links in a chain because products pass from one market to another.
  • A
    Chain of markets
    Correct
  • B
    Chain of mall
  • C
    Chain of traders
  • D
    Chain of shops
15
Weekly shop Traders
  • A
    set up shops for the day and then close them up in the evening
    Correct
  • B
    set up shops for the month and then close them up after month
  • C
    set up shops for the week and then close them up after week
  • D
    set up permanent shops