CTET Paper II (Upper Primary: Class 6-8)

Money and Markets - Banking Credit Globalization Trade question bank (Social Studies / Social Science)

Practice 34 free CTET Paper II (Upper Primary: Class 6-8) Social Studies / Social Science - Money and Markets - Banking Credit Globalization Trade questions with answers and step-by-step solutions.

Q1.

Consider the following statements and choose their correct order in a market economy.
a. Ginning mill cleans the cotton and makes it into balls
b. Weavers return with cloth
c. Spinning mill buys the cotton and sells yarn to the yarn traders
d. Yarn dealers give the yarn to the weavers.

CTET Paper II - Dec 2021 session, 07 Jan 2022 (CBT), Q63 (Official PYQ)

(A)
a, b, c and d
(B)
a, c, d and b
(C)
a, d, c and b
(D)
a, c, b and d
Show answer & solution
Verified Answer & Solution Locked
Sign in to your free student account to reveal verified answers, instant hints, and detailed explanations.
Sign in to view
Q2.

After a field visit to the mall, Economics teacher Ms. Rabia overhears three of her Standard VIII students:
Student 1: Malls are public facilities. After all, everyone is allowed to enter them.
Student 2: No, no, malls are run by private companies. They make a profit out of them.
Student 3: That is true. But if they are profitable, why doesn't the government run them?
Help the teacher arrange the students in INCREASING order of conceptual clarity.

CTET Paper II - Dec 2021 session, 07 Jan 2022 (CBT), Q81 (Official PYQ)

(A)
Student 2 < Student 3 < Student 1
(B)
Student 1 < Student 2 < Student 3
(C)
Student 3 < Student 2 < Student 1
(D)
Student 1 < Student 3 < Student 2
Show answer & solution
Verified Answer & Solution Locked
Sign in to your free student account to reveal verified answers, instant hints, and detailed explanations.
Sign in to view

Sign up free to access all 2 questions

Unlock every Money and Markets - Banking Credit Globalization Trade question, generate papers, and practice at your own pace.