Practice Worksheet for Class 7 Subject Social Science Chapter 12–Understanding Markets
Worksheet
Class – 7
Subject-Social Science
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Chapter 12–Understanding Markets
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Section A: Multiple Choice Questions (10 × 1 = 10 Marks)
Q1. What is a market?
(a) Only a place to eat (b) A place to buy and sell goods/services
(c) A government office (d) A warehouse
Q2. Which of the following is an online market?
(a) Johari Bazaar (b) Weekly haat
(c) Amazon (d) Mandi
Q3. Who sells goods directly to final consumers?
(a) Wholesaler (b) Manufacturer
(c) Retailer (d) Distributor
Q4. What is the role of the government in markets?
(a) Ignoring prices
(b) Fixing electricity bills
(c) Regulating prices and ensuring quality
(d) Manufacturing products
Continue:…
Q5. Which mark ensures food safety?
(a) ISI (b) BEE
(c) AGMARK (d) FSSAI
Q6. Surat is famously known for which industry?
(a) Electronics (b) Toys
(c) Textiles (d) Automobiles
Q7. What happens when supply is low and demand is high?
(a) Prices drop (b) Prices rise
(c) Market shuts (d) No change
Q8. What does the BEE star rating indicate?
(a) Price (b) Design
(c) Energy efficiency (d) Expiry date
Q9. Ima Keithal is a famous market in:
(a) Gujarat (b) Manipur
(c) Assam (d) Tamil Nadu
Q10. Cold storage is used for:
(a) Shoes (b) Vegetables
(c) Clothes (d) Toys
Section B: True or False (5 × 1 = 5 Marks)
Q11. Retailers buy goods in bulk from consumers.
Q12. Government sets maximum and minimum prices for some goods.
Q13. AGMARK is used for electronic items.
Q14. Online markets can function 24/7.
Q15. A distributor connects buyers to wholesalers directly.
Section C: Fill in the Blanks (5 × 1 = 5 Marks)
Q16. ______ is a certification mark for agricultural goods.
Q17. ______ markets operate through apps or websites.
Q18. The full form of FSSAI is ______.
Q19. ______ stores goods in large quantities from producers.
Q20. ______ rating helps in choosing energy-efficient appliances.
Section D: Assertion and Reasoning (2 × 2 = 4 Marks)
Choose:
A. Both A and R are true and R explains A.
B. Both A and R are true but R does not explain A.
C. A is true, R is false.
D. A is false, R is true.
Q21. Assertion (A): Retailers sell goods in large quantities.
Reason (R): Retailers deal directly with wholesalers.
Q22. Assertion (A): Certification marks help consumers ensure product quality.
Reason (R): These marks are issued by government agencies after checking quality standards.
Section E: Match the Following (3 × 1 = 3 Marks)
Column A Column B
1. ISI Mark (a) Food safety
2. Retailer (b) Electrical products
3. FSSAI (c) Final consumer
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