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#1. What is the primary function of a market?
#2. Which of the following is NOT a characteristic of a market?
#3. A ‘wholesale market’ is where:
#4. In which of the following markets do consumers buy goods directly from the producer?
#5. The term ‘retail market’ refers to:
#6. What does a ‘fair price shop’ primarily provide?
#7. . Which of the following markets is found in villages and is set up weekly?
#8. In a market, the prices of goods are determined by:
#9. What is the role of middlemen in markets?
#10. Which of these is an example of a service market?
#11. What type of market does not have a fixed location?
#12. The ‘middlemen’ in the market are typically:
#13. Which of the following is NOT a feature of the wholesale market?
#14. A market where people buy goods and services for their own use is called:
#15. What is the purpose of a ‘mandi’ in India?
#16. What are ‘fixed markets’?
#17. What is a characteristic feature of a weekly market?
#18. Which of the following is NOT an example of a service that can be found in a market?
#19. The exchange of goods and services between a seller and a buyer is known as:
#20. What is a ‘local market’?
#21. Which of the following is NOT a feature of the retail market?
#22. Which of the following statements is true about an online market?
#23. The key feature of a wholesale market is that:
#24. Which market is typically more affordable for consumers?
#25. The price of goods in a market depends on:
#26. Which of the following is the role of middlemen in a market?
#27. Which market is found at the rural level, where farmers directly sell their produce?
#28. The pricing of goods in a market is influenced by:
#29. What is a unique feature of an online market?
#30. What is a characteristic of markets in rural areas?
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