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Question (1)

QN0024422

Which of the following is the best example of a physical market?

(A) Buying groceries through a shopping app
(B) Purchasing vegetables from a weekly haat
(C) Booking an online class
(D) Downloading an e-book

Correct Answer: B

Explanation:

Buyers and sellers meet physically in a weekly haat.

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Question (2)

QN0024423

An online market allows buyers and sellers to

(A) meet only in shopping malls.
(B) transact without meeting physically.
(C) exchange goods without payment.
(D) buy only imported goods.

Correct Answer: B

Explanation:

Online markets enable transactions from different locations.

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Question (3)

QN0024424

Which of the following is NOT a physical market?

(A) Weekly market
(B) Shopping mall
(C) Local grocery shop
(D) Shopping website

Correct Answer: D

Explanation:

A shopping website is an online market.

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Question (4)

QN0024425

Which of the following goods can commonly be purchased through an online market?

(A) Mobile phone
(B) Laptop
(C) Furniture
(D) All of these

Correct Answer: D

Explanation:

Online markets offer a wide variety of goods.

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Question (5)

QN0024426

Which of the following services can be availed through an online market?

(A) Online classes
(B) Haircut at a salon
(C) Shoe polishing on the roadside
(D) Bicycle repair at home

Correct Answer: A

Explanation:

Online classes can be accessed through digital platforms.

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Question (6)

QN0024427

Which service generally requires a physical market because personal contact is necessary?

(A) Downloading an e-book
(B) Online tuition
(C) Tailoring with body measurements
(D) Booking movie tickets online

Correct Answer: C

Explanation:

Tailoring usually requires physical measurements.

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Question (7)

QN0024428

A student orders a school bag using a shopping app while staying at home. Which type of market is being used?

(A) Domestic wholesale market
(B) Physical market
(C) Online market
(D) Weekly market

Correct Answer: C

Explanation:

Shopping apps are online markets.

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Question (8)

QN0024429

Which statement correctly describes a domestic market?

(A) Goods are traded only between two countries.
(B) Buying and selling take place within the country's geographical boundaries.
(C) Only imported goods are sold.
(D) Only online transactions occur.

Correct Answer: B

Explanation:

Domestic markets operate within one country.

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Question (9)

QN0024430

Which of the following is an example of an international market transaction?

(A) A farmer sells wheat in a nearby mandi.
(B) A retailer purchases biscuits from a wholesaler.
(C) India exports pharmaceuticals to another country.
(D) A family buys vegetables from a local market.

Correct Answer: C

Explanation:

International markets involve trade across countries.

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Question (10)

QN0024431

Import means

(A) selling goods to another country.
(B) buying goods from another country.
(C) producing goods in factories.
(D) transporting goods within a city.

Correct Answer: B

Explanation:

Imports are purchases from foreign countries.

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Question (1)

Which of the following is the best example of a physical market?

Explanation:

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Question (2)

An online market allows buyers and sellers to

Explanation:

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Question (3)

Which of the following is NOT a physical market?

Explanation:

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Question (4)

Which of the following goods can commonly be purchased through an online market?

Explanation:

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Question (5)

Which of the following services can be availed through an online market?

Explanation:

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Question (6)

Which service generally requires a physical market because personal contact is necessary?

Explanation:

Link:

Question (7)

A student orders a school bag using a shopping app while staying at home. Which type of market is being used?

Explanation:

Link:

Question (8)

Which statement correctly describes a domestic market?

Explanation:

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Question (9)

Which of the following is an example of an international market transaction?

Explanation:

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Question (10)

Import means

Explanation:

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