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Concept of Market and Marketer Model Question Paper

12th Standard

    Reg.No. :
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Commerce

Time : 01:30:00 Hrs
Total Marks : 50
    7 x 1 = 7
  1. One who promotes (or) Exchange of goods or services for money is called as______

    (a)

    Seller

    (b)

    Marketer

    (c)

    Customer

    (d)

    Manager

  2. The marketer initially wants to know in the marketing is_______

    (a)

    Qualification of the customer

    (b)

    Quality of the product

    (c)

    Background of the customers

    (d)

    Needs of the customers

  3. Stock Exchange Market is also called______

    (a)

    Spot Market

    (b)

    Local Market

    (c)

    Security Market

    (d)

    National Market

  4. The word market is derived from the latin word

    (a)

    Marks

    (b)

    Marcatus

    (c)

    Mars

    (d)

    Marcus

  5. Which types of market where short term securities are exchanged?

    (a)

    Bullion markets

    (b)

    Manufactured goods market

    (c)

    Money market

    (d)

    Spot market

  6. __________provides short term and very short term finance to industries, banks and financial intermediaries.

    (a)

    Money market

    (b)

    Foreign exchange market

    (c)

    Regulated market 

    (d)

    None of these

  7. _______is a medium for place to interact and exchange goods and services

    (a)

    Commerce

    (b)

    Industry

    (c)

    Business

    (d)

    Market

  8. 2 x 2 = 4
  9. Assertion (A) : Certain type of commodities has demand throughout the country.
    Reason (R) : Hence it is called as a national market.
    Codes:
    (a) Both (A) and (R) are true and (R) is the correct explanation of (A).
    (b) Both (A) and (R) are true and (R) is not the correct explanation of (A).
    (c) (A) is true, but (R) is false.
    (d) (A) is false, but (R) is true

  10. Assertion (A) : In wholesale market goods are supplied in bulk quantity to dealers/retailers.
    Reason (R) : The goods and services are not sold to customers directly.
    Codes:
    (a) Both (A) and (R) are true and (R) is the correct explanation of (A).
    (b) Both (A) and (R) are true and (R) is not the correct explanation of (A).
    (c) (A) is true, but (R) is false.
    (d) (A) is false, but (R) is true.

  11. 3 x 1 = 3
  12. (i) Markets which deal in perishable goods like fruits and vegetables are called as very short period market.
    (ii) Price is determined on the basis of demand.
    (iii) Spot markets, contracts are made over the price for future delivery.
    (a) (i) is correct
    (b) (i) and (ii) are correct
    (c) (ii) and (iii) are correct
    (d) (i), (ii) and (iii) are correct

  13. (i) Primary markets can be found in villages and mostly the products arrive from villages.
    (ii) Terminal market is a central site that serves as an assembly and trading place for commodities in a metropolitan area.
    (iii) The marketing of goods and services through celebrities is a successful formula for creating a brand relationship with the consumers.
    (a) (i) is correct
    (b) (i) and (ii) are correct
    (c) (ii) and (iii) are correct
    (d) (i), (ii) and (iii) are correct

  14. (i) Innovative and attractive ideas are the desirable products for the marketers to sell.
    (ii) Social media marketing thrives on new ideas in a consistent manner.
    (iii) One who promotes (or) Exchange of goods or services for money is called as customer.
    (a) (i) is correct
    (b) (i) and (ii) are correct
    (c) (ii) and (iii) are correct
    (d) (i), (ii) and (iii) are correct

  15. 2 x 2 = 4
  16. (a) Money market
    (b) Stock market
    (c) Instigator
    (d) Foreign exchange market

  17. (a) Instigator
    (b) Storage
    (c) Integrator
    (d) Implementer

  18. 5 x 2 = 10
  19. What is Market?

  20. Define Marketer.

  21. What is meant by Commodity Market?

  22. Write a Definition of market.

  23. What is the meaning of marketer?

  24. 4 x 3 = 12
  25. Mention any three role of Marketer.

  26. Marketer is an innovator. Do you agree?

  27. Explain the types of market on the basis of time.

  28. List down the functions of marketer.

  29. 2 x 5 = 10
  30. How the market can be classified? (any 5)

  31. How the market can be classified on the basis of Economics?

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