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Question Practice

What is the role of a market?

Attempt the question, check the explanation, and continue with similar questions to build confidence before exams.

MCQ_SA
CBSE
Class 7
Social Science
Exploring Society India and Be...
Understanding Markets
Question Bank

What is the role of a market?

Single Answer MCQ
Q-00130592

What is the role of a market?

1

To provide government services

2

To facilitate the buying and selling of goods

3

To restrict trade

4

To focus solely on online sales

Previous QuestionNext Question
Keep Practising

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Q1.

What term is used to refer to a place where buying and selling occurs?

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Q2.

Which of the following best describes a domestic market?

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Q3.

What do buyers and sellers negotiate to complete a transaction in a market?

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Q4.

What is a characteristic feature of modern online markets?

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