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Solved CBSE Class 7 Civics Chapter 7 Assertion and Reason Questions – Market Around Us. Here we (Net Explanations) working very hard to providing you with the Important Assertion Reason Questions for this Chapter.
Assertion and Reason Questions – Market Around Us
Q.1: There are two statements given below, marked as Assertions (A) and Reasons (R) . Read the statements and choose the correct option.
- Assertion (A) : A market is a place where you will find two parties- one who sells the product or service and the other who purchases the product sold by the seller.
- Reason (R) : It is the market from where we get all our necessities and wants and a place where a person can earn their livelihood by running a business of selling goods and services to the people.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are correct but R is not the explanation of A.
Answer: Both are correct and R is the explanation of A.
- Assertion (A) : A weekly market is a market which is held once in a week which is set up in a day and is closed in the evening.
- Reason (R) : Weekly markets are the permanent shops which are meant to satisfy the needs of the people on a daily basis.
a.) Only A is correct
b.) Both are correct but R is not the explanation of A.
c.) Only R is correct
d.) Both are correct and R is not the explanation of A.
Answer: Only A is correct
- Assertion (A) : The weekly markets are held so that people can get products at cheaper rates because such people don’t have any permanent buildings or any workers which cost them much expenditure.
- Reason (R) : The people who set up weekly markets are helped by their own family members and therefore they charge less price from their customers.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) sOnly R is correct
d.) Both are correct but R is not the explanation of A.
Answer: Both are correct and R is the explanation of A.
- Assertions (A) : People working in the weekly markets have a tough competition among themselves because if any one charges a high price, the customer might shift to the other marketer.
- Reason (R) : As weekly markets have permanent shops, it becomes very easy for customers to purchase products from the shops everyday.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are incorrect.
Answer: Only A is correct.
- Assertions (A) : Shops in the neighborhood are very helpful as they are near our homes and we can buy any product at any time of the day and can also purchase goods on credit.
- Reason (R) : Shops in the neighborhood are the permanent ones because they don’t have to shift from one place to another on a specific day of a week.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are correct but R is not the explanation of A.
Answer: Both are correct and R is the explanation of A.
- Assertions (A) : The neighborhood market consists only of the permanent shops because the people living in that particular area get all the required goods and services they want in those shops.
- Reason (R) : Markets in the neighborhood are of two types- one which are permanent and the other who put small stalls like the vegetable and fruit vendor, ice-cream seller etc.)
a.) Both are correct and R is the explanation of A.
b.) Only R is correct
c.) Only A is correct
d.) Both are correct but R is not the explanation of A.
Answer: Only R is correct
- Assertions (A) : Malls are the market other than the weekly or permanent markets who sell branded as well as non-branded products. These buildings or 5 storeyed buildings are fully air conditioned and are situated in urban areas where people can afford such clothes.
- Reason (R) : Branded clothes are sold in malls as they are very expensive and a lot of money is spent on their advertisement and production. Only fewer people can afford such clothes.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are incorrect
Answer: Both are correct and R is the explanation of A.
- Assertions (A) : The goods which we purchase from the market are produced in the homes of the seller and we directly purchase from them.
- Reason (R) : The production of goods is done in the factories and the producer is never interested in selling goods directly to the consumer.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are correct but R is not the explanation of A.
Answer: Only R is correct.
Also See: Previous Chapter Assertion based Questions
- Assertions (A) : The goods produced in the factories are reached to the final consumer with the help of a trader who acts as a link between the producer and the consumer.
- Reason (R) : The trader who finally sells the product to the consumer is called a retailer. Example could be a seller of a permanent market, one working in a weekly market or a hawker which comes in our neighborhood.)
a.) Both are correct and R is the explanation of A.
b.) Only A is correct
c.) Both are correct but R is not the explanation of A.
d.) Only R is correct.
Answer: Both are correct and R is the explanation of A.
- Assertions (A) : Buying and selling of goods is an activity which only takes place in the market where the producers and consumers meet.
- Reason (R) : Marketing is a much wider term which not only includes buying shops from the market but also getting a variety of goods sitting at any place of the world.)
a.) Only R is correct
b.) Both are correct and R is the explanation of A.
c.) Only A is correct
d.) Both are correct but R is not the explanation of A.
Answer: Only R is correct.
- Assertions (A) : The consumer is only aware of the final product which he uses to satisfy his needs and wants and has no reach from where the product has manufactured.)
- Reason (R) : There are many markets which we are not aware of and this is because a large number of goods are bought and sold that we don’t use directly.
a.) Both are correct and R is the explanation of A.
b.) Only R is correct
c.) Both are correct but R is not the explanation of A.
d.) Only A is correct.
Answer: Both are correct and R is the explanation of A.
- Assertions (A) : We find all the types of market- one where we can find the cheapest of products and the other where we find the branded one. Both the markets provide us with the product we want according to our choice.
- Reason (R) : The market not only helps the producer to sell products according to his convenience but also helps the consumer to purchase products according to his convenience.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are incorrect.
Answer: Both are correct and R is the explanation of A.
- Assertions (A) : Goods produced in a factory can only reach people living in the nearby areas and cannot be helpful for all the people who are in need of that product.
- Reason (R) : Chain of markets help the producer to sell his product everywhere with the help of traders.
a.) Only A is correct
b.) Both are correct and R is the explanation of A.
c.) Only R is correct
d.) Both are correct but R is not the explanation of A.
Answer: Only R is correct.