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CBSE Questions for Class 7 Civics A Shirt In The Market Quiz 1 - MCQExams.com
CBSE
Class 7 Civics
A Shirt In The Market
Quiz 1
The merchants supply cloth to garment manufacturers and ___________.
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0%
Exporters
0%
Importers
0%
Both A and B
0%
None of these
Explanation
The merchant supplies the cotton cloth produced by the weavers to a garment-exporting factory. The garment exporting factory will use the cloth to make shirts. The shirts will be exported to foreign buyers. Among the foreign buyers are businesspersons from the US and Europe who run a chain of stores.
The earnings of the workers at the garment export factory are barely enough to cover their day-to-day needs.
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0%
True
0%
False
Explanation
The foreign businessperson makes huge profits in the market. Compared to this, the garment exporter makes only moderate profits. On the other hand, the earnings of the workers at the garment export factory are barely enough to cover their day-to-day needs.
The foreign businessperson made huge profits in the
market.
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0%
True
0%
False
Explanation
The foreign businesspersons run a chain of stores. These large stores do business strictly on their own terms. They demand the lowest prices from the supplier and sell the products by making huge profits. In addition, they set high standards for quality of production and timely delivery. Thus, we can say, the foreign businessperson makes huge profits in the market.
The weavers from Erode get the yarn from the merchant and supply him
the cloth.
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0%
True
0%
False
Explanation
The arrangement between the merchant and the weavers is an example of a putting-out system, whereby the merchant supplies the raw material and receives the finished product. The merchant distributes work among the weavers based on the orders he has received for cloth. The weavers get the yarn from the merchant and supply him the cloth.
The weavers have no way of knowing who they are making the cloth for and the price it is sold for.
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0%
True
0%
False
Explanation
The weavers depend on merchants for the raw materials and markets. Thus, the merchants have a lot of power. They give orders for what is to be made and pay a very low price for making the cloth. The weavers have no way of knowing who they are making the cloth for or at what price it will be sold. At the cloth market, the merchants sell the cloth to the garment factories. In this way, the market works more in favour of the merchants.
Prudential reason of power sharing is based on careful calculation of _______________.
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Gains and losses
0%
Money and man power
0%
Profit and gains
0%
Total income and losses
Explanation
There are two reasons for Power Sharing. One is prudential and another one is moral. The prudential reason is based on a careful calculation of gains and losses. The prudential reasons stress that power-sharing will bring out better outcomes.
The moral reasons emphasise the very act of power sharing as valuable.
The weavers depend on merchants for ________.
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0%
Raw material
0%
Market
0%
Both A and B
0%
None of the above
Explanation
The arrangement between the merchant and the weavers is an example of a putting-out system, whereby the merchant supplies the raw material and receives the finished product. The merchants purchase the yarn i.e the raw material and give instructions to the weavers about the kind of cloth that is to be made. Thus, the weavers do not have to spend their money on the purchase of raw material. Also, the problem of selling the finished cloth in the market is taken care of by the merchants.
Erode's bi-weekly cloth market in _________ is one of
the largest cloth markets in the world.
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0%
Madhya Pradesh
0%
Karnataka
0%
Tamil Nadu
0%
Kerala
Explanation
Erode’s bi-weekly cloth market in Tamil Nadu is one of the largest cloth markets in the world. A large variety of cloth is sold in this market. A cloth that is made by weavers in the villages around is also brought here for sale. Around the market are offices of cloth merchants who buy this cloth. Other traders from many south Indian towns also come and purchase cloth in this market.
What happens in the putting-out system?
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Merchant supplies the raw material
0%
Receives the finished product
0%
Both A and B
0%
None of these
Explanation
The arrangement between the merchant and the weavers is an example of a putting-out system, whereby the merchant supplies the raw material and receives the finished product. The merchants purchase the raw material and give instructions to the weavers about the kind of cloth that is to be made. This arrangement is prevalent in the weaving industry in most regions of India.
Who among the following gains the most in the market?
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Foreign businessman
0%
Exporter
0%
Farmer
0%
Merchant
Explanation
The foreign businesspersons run a chain of stores. These large stores do business strictly on their own terms. These businessmen also have money and own the factories, the large shops, large land holdings, etc. They demand the lowest prices from the supplier and sell the products by making huge profits. The poor also depends on them for various things. Thus, the foreign businessperson gains the most in the market.
Match Columns
Column I
Column II
(i) Farmer
(a) Supplies to exporter
(ii) Merchant
(b) Chain of stores
(iii) Foreign businessman
(c) Harvest cotton
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i a, ii b, iii c
0%
i c, ii a, iii b
0%
i b, ii a, iii c
0%
i b, ii c, iii a
Explanation
The farmers harvest the cotton which requires high levels of inputs such as fertilisers and pesticides. The merchant supplies the cotton cloth produced by the weavers to exporters. The exporters use the cloth to make shirts and are exported to foreign businessmen who run a chain of stores.
At the cloth market, the merchants
sell the cloth to the _________.
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0%
Garment factories
0%
Jute factories
0%
Tanneries
0%
None of these
Explanation
The weavers depend on the merchants both for raw materials and markets. At the cloth market, the merchants sell the cloth to the garment factories. In this way, the market works more in favour of the merchants.
The weavers in Tamil Nadu make cloth based on the order from the __________.
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0%
Farmer
0%
End consumer
0%
Merchants
0%
None of these
Explanation
The arrangement between the merchant and the weavers is an example of a putting-out system, whereby the merchant supplies the raw material to the weavers and receives the finished product.
The merchant distributes work among the weavers based on the orders he has received for cloth. The weavers get the yarn from the merchant and supply him the cloth. Thus, the merchant gives orders for what is to be made.
The following is/are an activity(ies) taken up by a weavers cooperatives?
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0%
Procurement of yarn from the yarn dealer
0%
Distribution of yarn among the weavers
0%
Marketing
0%
All of the above
Explanation
In a weaver’s cooperative, the weavers form a group and take up certain activities collectively. They procure yarn from the yarn dealer and distribute it among the weavers. The cooperative also does the marketing. So, the role of the merchant is reduced, and weavers get a fair price on the cloth.
The arrangement between the merchant and the
weavers is an example of the putting-out system.
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0%
True
0%
False
Explanation
The arrangement between the merchant and the weavers is an example of a putting-out system, whereby the merchant supplies the raw material and receives the finished product. The merchants purchase the raw material and give instructions to the weavers about the kind of cloth that is to be made. This arrangement is prevalent in the weaving industry in most regions of India.
Exports and imports come under the purview of __________.
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Ministry of Finance
0%
Ministry of Commerce
0%
Ministry of External Affairs
0%
Ministry of Home Affairs
Explanation
Exports and imports come under the purview of Ministry of Commerce. The Ministry of Commerce is the nodal agency for the formulation of policies for increasing the export of the country in various commodities.
A chain of markets links the producer of cotton to
the buyer at the ___________.
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0%
Supermarket
0%
Stock market
0%
Black market
0%
None of these
Explanation
A chain of markets links the producer of cotton to the buyer at the supermarket.
Buying and selling takes place at every step in the chain.
There are people who make profits in the market and there are some who do not gain as much from this buying and selling.
Match Columns:
Column I
Column II
(i) Advertising
(a) Increased brand preference
(ii) Shift to packaged products
(b) Personal emotions
(iii) Repeat advertisements
(c) Loss of livelihood for small businessmen
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(i) - c, (ii) - a, (iii) - b
0%
(i) - a, (ii) - b, (iii) - c
0%
(i) - b, (ii) - a, (iii) - c
0%
(i) - a, (ii) - c, (iii) - b
Explanation
1. 1-C. Advertising leads to loss of livelihood for small businessmen. Small businessmen could not afford to advertise their products regularly that lead to a decrease in the sale of their goods.
2. 2-A. It is seen that packaged products increased brand preference among people. People think packaged products to be safe to use as compared to unpacked products.
3. 3-B. Advertisement connects a person to a particular product. People feel connected when they saw the repeated advertisement of the products they use.
Who is an exporter?
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An exporter is a person who sells goods to foreign countries.
0%
An exporter is a person who buys goods from foreign countries.
0%
An exporter is a person who resides in foreign countries.
0%
None of these
Explanation
Exporter is a person or a company authorized by government agency to move the goods out of the border of a country. The value of goods is received from the overseas buyer by the exporter, as he is considered the seller of goods. The exporter receives export order against goods to be exported.
Branded products cost more than the non-branded ones because of the costs involved in __________.
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0%
Packaging
0%
Advertising
0%
Manufacturing
0%
Both A and B
Explanation
Branded goods are expensive, often promoted by advertising and claims of better quality. The companies producing these products sell them through shops in large urban markets and, at times, through special showrooms. Thus, as compared to non-branded goods, fewer people can afford to buy branded ones.
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