Test: A Shirt In The Market - 2 | 20 Questions MCQ Test

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This mock test of Test: A Shirt In The Market - 2 for UPSC helps you for every UPSC entrance exam. This contains 20 Multiple Choice Questions for UPSC Test: A Shirt In The Market - 2 (mcq) to study with solutions a complete question bank. The solved questions answers in this Test: A Shirt In The Market - 2 quiz give you a good mix of easy questions and tough questions. UPSC students definitely take this Test: A Shirt In The Market - 2 exercise for a better result in the exam. You can find other Test: A Shirt In The Market - 2 extra questions, long questions & short questions for UPSC on EduRev as well by searching above.

QUESTION: 1

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.
Fortnight market
B.
Weekly market
C.
Monthly market
D.
Day Market

Solution:

QUESTION: 2

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.
Store
B.
Mall
C.
Department
D.
Shop

Solution:

QUESTION: 3

This refers to buying and selling in large quantities. Most products, including vegetables, fruits and flowers have special wholesale markets.

A.
Sellers
B.
Retail
C.
Wholesale
D.
Shopkeepers

Solution:

QUESTION: 4

A series of markets that are connected like links in a chain because products pass from one market to another.

A.
Chain of shops
B.
Chain of traders
C.
Chain of mall
D.
Chain of markets

Solution:

QUESTION: 5

Weekly shop Traders

A.
set up shops for the month and then close them up after month
B.
set up shops for the week and then close them up after week
C.
set up permanent shops
D.
set up shops for the day and then close them up in the evening

Solution:

QUESTION: 6

large multi-storeyed air-conditioned buildings with shops on different floors, known as

A.
Showroom
B.
Malls
C.
Shops
D.
Weekly market

Solution:

QUESTION: 7

Where can one-buy branded product from

A.
Wholesale market
B.
Neighbour shops
C.
Shopping complex
D.
Weekly market

Solution:

QUESTION: 8

If you want to buy 100 pencil as return gift on your birthday where will you buy them from

A.
Retailer
B.
Neighbour shop
C.
Wholesaler
D.
Mall

Solution:

QUESTION: 9

What is the key factor that distinguishes the place people but from

A.
Political status
B.
Economic status
C.
Social status
D.
Cultural status

Solution:

QUESTION: 10

People assessed the market depends upon following factors except

A.
Advertisement
B.
Convenience
C.
Credit given
D.
Availability

Solution:

QUESTION: 11

Why are branded goods are preferred over non branded goods

A.
They have brand name
B.
They are sold in the mall
C.
Charge high price
D.
Claim of better qualities

Solution:

QUESTION: 12

When the Buying and selling takes place ______ in the chain

A.
In the end
B.
Every step
C.
In the mid only
D.
In the beginning

Solution:

QUESTION: 13

Swapna grows ___ on her small piece of land

A.
Cotton
B.
Rice
C.
Jute
D.
Wheat

Solution:

QUESTION: 14

Spinning mill buys the

A.
Bales
B.
Fabric
C.
Thread
D.
Cotton

Solution:

QUESTION: 15

______ removes the seeds and presses the cotton into bales

A.
Ginning Mill
B.
Traders
C.
Dealers
D.
Spinning Mill

Solution:

QUESTION: 16

Erode is a

A.
National market
B.
Monthly market
C.
Yearly market
D.
Bi-weekly market

Solution:

QUESTION: 17

Erode's bi-weekly cloth market in Tamil Nadu is one of the largest cloth markets in the ___.

A.
State
B.
World
C.
India
D.
Asia

Solution:

QUESTION: 18

______ get the yarn from the merchant and supply him the cloth

A.
Producers
B.
Farmers
C.
Traders
D.
Weavers

Solution:

QUESTION: 19

Weavers invest all their savings or borrow money at high interest rates to buy looms. Each loom costs _______ so a small weaver with two looms has to invest Rs ______

A.
50000, 80000
B.
30000, 35000
C.
40000, 70000
D.
20000, 40000

Solution:

The main cost of inputs is the looms. The weavers invest all their savings or borrow money at exorbitant interest rates for buying the looms. A loom costs Rs 20000/-. A weaver who has two looms has to shell out Rs 40000/-. Since the work on these looms cannot be done alone, another adult family member works with him. They work upto 12 hours a day. They earn a meagre amount of Rs 3500/- per month in spite of working so hard.

QUESTION: 20

Weaver's _____ are one way to reduce the dependence on the merchant and to earn a higher income for the weavers.

A.
Traders
B.
Company
C.
Cooperatives
D.
Partnership

Solution:

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Test: A Shirt In The Market - 2

20 Questions MCQ Test NCERT Textbooks (Class 6 to Class 12) | Test: A Shirt In The Market - 2

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.

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.

This refers to buying and selling in large quantities. Most products, including vegetables, fruits and flowers have special wholesale markets.

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