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Question (11)

QN0024512

A bakery supplies bread every morning to nearby shops. Which role of markets is illustrated?

(A) Connecting producers with consumers
(B) Preventing transportation
(C) Reducing production
(D) Eliminating retailers

Correct Answer: A

Explanation:

Markets connect producers and consumers through sellers.

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Question (12)

QN0024513

Which of the following occupations is directly linked with market activities?

(A) Shopkeeper
(B) Astronaut
(C) Archaeologist
(D) Meteorologist

Correct Answer: A

Explanation:

Shopkeepers are directly involved in buying and selling.

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Question (13)

QN0024514

A village market provides employment to vegetable sellers, transporters and shopkeepers. This shows that markets

(A) create livelihood opportunities.
(B) reduce employment.
(C) benefit only consumers.
(D) exist only for large companies.

Correct Answer: A

Explanation:

Markets support many occupations.

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Question (14)

QN0024515

A consumer visits one market and finds groceries, clothes and medicines available. This mainly shows that markets

(A) offer a variety of goods.
(B) sell only imported products.
(C) manufacture all goods.
(D) provide only services.

Correct Answer: A

Explanation:

Markets provide a wide range of products.

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Question (15)

QN0024516

A milk producer supplies milk to several shops every day. Which group mainly benefits by receiving the milk from these shops?

(A) Consumers
(B) Exporters
(C) Manufacturers
(D) Wholesalers only

Correct Answer: A

Explanation:

Consumers purchase the milk from retail shops.

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Question (16)

QN0024517

A vegetable seller purchases fresh vegetables every morning because customers prefer fresh produce. What is the seller mainly responding to?

(A) Consumer demand
(B) Government taxes
(C) Factory production
(D) Weather reports only

Correct Answer: A

Explanation:

Sellers adjust their stock according to customer demand.

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Question (17)

QN0024518

A market closes for several days due to flooding. Which effect is most likely?

(A) People may face difficulty buying daily necessities.
(B) Production immediately doubles.
(C) Consumers stop needing goods.
(D) Transport becomes unnecessary.

Correct Answer: A

Explanation:

Markets are important for supplying daily needs.

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Question (18)

QN0024519

Which statement best describes the relationship between producers and consumers?

(A) Markets help connect producers with consumers.
(B) Producers and consumers never interact.
(C) Consumers produce all goods themselves.
(D) Markets separate producers from consumers.

Correct Answer: A

Explanation:

Markets act as a link between producers and consumers.

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Question (19)

QN0024520

A market employs 40 shopkeepers, 15 transport workers and 10 helpers. How many people are directly employed in the market?

(A) 55
(B) 60
(C) 65
(D) 70

Correct Answer: C

Explanation:

40 + 15 + 10 = 65.

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Question (20)

QN0024521

Which statement best explains the role of markets in the economy?

(A) Markets help goods and services reach people while supporting many livelihoods.
(B) Markets exist only to collect taxes.
(C) Markets are useful only for luxury goods.
(D) Markets benefit only producers.

Correct Answer: A

Explanation:

Markets connect production, distribution and consumption while creating employment.

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Question (11)

A bakery supplies bread every morning to nearby shops. Which role of markets is illustrated?

Explanation:

Link:

Question (12)

Which of the following occupations is directly linked with market activities?

Explanation:

Link:

Question (13)

A village market provides employment to vegetable sellers, transporters and shopkeepers. This shows that markets

Explanation:

Link:

Question (14)

A consumer visits one market and finds groceries, clothes and medicines available. This mainly shows that markets

Explanation:

Link:

Question (15)

A milk producer supplies milk to several shops every day. Which group mainly benefits by receiving the milk from these shops?

Explanation:

Link:

Question (16)

A vegetable seller purchases fresh vegetables every morning because customers prefer fresh produce. What is the seller mainly responding to?

Explanation:

Link:

Question (17)

A market closes for several days due to flooding. Which effect is most likely?

Explanation:

Link:

Question (18)

Which statement best describes the relationship between producers and consumers?

Explanation:

Link:

Question (19)

A market employs 40 shopkeepers, 15 transport workers and 10 helpers. How many people are directly employed in the market?

Explanation:

Link:

Question (20)

Which statement best explains the role of markets in the economy?

Explanation:

Link:

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