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1. The famous market, Ima Keithal, is located in which state?
a) Manipur
b) Kerala
c) Karnataka
d) Nagaland
Answer. a) Manipur
Mother’s Market, Ima Keithal in the Meitei language of Manipur, is a unique market in Imphal. About 3000 women own and run all the shops in this market.
2. Which one is Asia's Oldest textile market?
a) Varanasi
b) Ahmedabad
c) Surat
d) Delhi
Answer. c) Surat
Surat, Gujarat — Asia’s oldest textile market, and the city is famously known as a textile hub.
3. Which city is home to the largest diamond industry in the world?
a) Varanasi
b) Ahmedabad
c) Surat
d) Delhi
Answer. c) Surat
Apart from textiles, Surat is home to the largest diamond
industry in the world. Approximately 1.5 million artisans
are involved in activities like cutting and polishing
diamonds on a gigantic scale
4. What is the full form of FSSAI?
a) Food Safety & Standards Authority of India
b) Food Safety & Standards Audit of India
c) Food Safety & Standards Audit Inspector
d) Food Supply Seller Association of India
Answer. a) Food Safety & Standards Authority of India
FSSAI means Food Safety & Standards Authority of India, and its symbol on the food packets and
Cartons indicate that food has been tested by the government and is safe to consume.
5. Indian Standards Institution (ISI) Mark issued by which government agency?
a) FSSAI
b) Bureau of India Standards (BIS)
c) Ministry of Home Affairs
d) FCI-Food Corporation of India
Answer. b) Bureau of India Standards (BIS)
1. Indian Standards Institution (ISI) Mark issued by the Bureau of India Standards (BIS). This symbol is generally present on electrical appliances, construction materials, automotive tires, paper, etc. This ensures quality and that the product is safe to use
2. AGMARK (Ag for agriculture) is the certification mark for agricultural products like vegetables, fruits, cereals, pulses, spices, honey, etc.
3. Electronics items like TVs, laptops, air conditioners, etc. have a BEE STAR rating. BEE stands for Bureau of Energy Efficiency. These ratings are printed on the product package as stars. Higher stars indicate that the appliance uses less energy and electricity.
6. A place where people buy and sell goods and services is called a
a) Factory
b) Market
c) School
d) Office
Answer: b) Market
A market is where buyers and sellers come together to exchange goods or services.
7. Who buys goods in large quantities directly from producers?
a) Consumer
b) Retailer
c) Wholesaler
d) Farmer
Answer: c) Wholesaler
Wholesalers purchase goods in bulk and supply them to retailers.
8. Which organization ensures that packaged food is safe to eat in India?
a) ISI
b) BEE
c) FSSAI
d) RBI
Answer: c) FSSAI
FSSAI certifies food products and ensures food safety standards.
9. A website or mobile app that brings products from many sellers together and helps people buy them from one place is called:
a) Distributors
b) Manufacturer
c) Wholeseller
d) Aggregator
Answer. d) Aggregator
A website or mobile application that organizes and combines offers from multiple sellers and sells them to consumers is known as
10. What is the price of a product?
a) The amount set by the seller
b) The quality of the product
c) The amount agreed by buyer and seller
d) The weight of the product
Answer: c) The amount agreed by buyer and seller
Price is the amount at which buying and selling take place
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