Comprehension

Trade is essentially the buying and selling of items produced elsewhere. All the services in retail and wholesale trading or commerce are specifically intended for profit. The towns and cities where all these works take place are known as trading centres. The rise of trading from barter at the local level to money-exchange on an international scale has produced many centres and institutions, such as trading centres or collection and distribution points.
Trading centres may be divided into rural and urban marketing centres. Rural marketing centres cater to nearby settlements. These are quasi-urban centres. They serve as trading centres of the most rudimentary type. Here, personal and professional services are not well-developed. These form local collecting and distributing centres. Most of these have mandis (wholesale markets) and also retailing areas. They are not urban centres per se but are significant centres for making available goods and services which are most frequently demanded by rural folk.
Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals. These may be weekly, bi-weekly markets where people from the surrounding areas meet their temporally accumulated demand. These markets are held on specified dates and move from one place to another. The shopkeepers, thus, remain busy all day while a large area is served by them.
Urban marketing centres have more widely specialised urban services. They provide ordinary goods and services as well as many of the specialised goods and services required by people. Ur- ban centres, therefore, offer manufactured goods as well as many specialised developed markets, e.g. markets for labour, housing, semi-or finished products. Services of educational institutions and professionals such as teachers, lawyers, consultants, physicians, dentists and veterinary doctors are available.

Question: 1

The towns and cities where the buying and selling of goods takes place are known as:

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For direct definition questions, always scan the first and last sentences of the introductory paragraphs. Key definitions are often placed there.
Updated On: Sep 10, 2025
  • quasi-urban centres
  • trading centres
  • periodic markets
  • departmental stores
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The Correct Option is B

Solution and Explanation

Step 1: Understanding the Question:
The question asks for the general term used to describe towns and cities where the buying and selling of goods occur, based on the provided passage.
Step 2: Locating the Answer in the Passage:
The first paragraph of the passage states: "Trade is essentially the buying and selling of items produced elsewhere... The towns and cities where all these works take place are known as trading centres."
Step 3: Final Answer:
The passage explicitly defines these locations as "trading centres."
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Question: 2

Which one of the following are quasi-urban centers and cater to nearby settlements?

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Pay close attention to descriptive phrases in the text. The question uses the exact phrasing "quasi-urban centers and cater to nearby settlements," which is a strong clue to find the corresponding term in the passage.
Updated On: Sep 10, 2025
  • Urban marketing centres
  • Periodic markets
  • Rural marketing centres
  • Chain stores
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The Correct Option is C

Solution and Explanation

Step 1: Understanding the Question:
The question asks to identify the type of centre that is described as "quasi-urban" and serves nearby settlements, based on the passage.
Step 2: Locating the Answer in the Passage:
The fourth paragraph begins with the sentence: "Rural marketing centres cater to nearby settlements. These are quasi-urban centres." This directly links the term "quasi-urban centres" to "Rural marketing centres."
Step 3: Final Answer:
The passage clearly states that rural marketing centres are quasi-urban and cater to nearby settlements.
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Question: 3

These markets are found where there are no regular markets and organised at different temporal intervals, where people from the surrounding areas meet their temporally accumulated demand.

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When a question quotes or paraphrases a long description from the text, scan the passage for keywords from that description (e.g., "no regular markets," "temporal intervals," "accumulated demand") to quickly locate the relevant section.
Updated On: Sep 10, 2025
  • Retail Trading
  • Urban marketing centres
  • Rural marketing centres
  • Periodic markets
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The Correct Option is D

Solution and Explanation

Step 1: Understanding the Question:
The question provides a description of a specific type of market and asks to identify it from the options, based on the passage.
Step 2: Locating the Answer in the Passage:
The fifth paragraph describes these markets: "Periodic markets in rural areas are found where there are no regular markets and local periodic markets are organised at different temporal intervals. These may be weekly, bi-weekly markets where people from the surrounding areas meet their temporally accumulated demand." This description exactly matches the one given in the question.
Step 3: Final Answer:
The description provided in the question refers to periodic markets.
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Question: 4

Which of the following services is generally NOT a characteristic feature of the urban marketing centres?

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For "NOT" questions, the process of elimination is very effective. Check which options are mentioned in the relevant section of the text. The one that isn't mentioned, or is mentioned in a different context, is the correct answer.
Updated On: Sep 10, 2025
  • Consultants
  • Local collection and distribution
  • Veterinary doctors
  • Markets for labour
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The Correct Option is B

Solution and Explanation

Step 1: Understanding the Question:
The question asks to identify a service that is NOT a feature of urban marketing centres, as described in the passage.
Step 2: Analyzing the Passage:
The last paragraph describes urban marketing centres. It states they have "widely specialised urban services," offer "manufactured goods," "specialised developed markets, e.g. markets for labour, housing," and "Services of... professionals such as teachers, lawyers, consultants, physicians, dentists and veterinary doctors." So, consultants (1), veterinary doctors (3), and markets for labour (4) are all explicitly mentioned or implied as features of urban centres.
In contrast, the fourth paragraph, which describes rural marketing centres, states: "These form local collecting and distributing centres." This function is specifically attributed to rural centres, which are described as rudimentary and less developed than urban ones.
Step 3: Final Answer:
"Local collection and distribution" is a characteristic feature of rural marketing centres, not the more specialized urban marketing centres.
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Question: 5

Which of the following is NOT a characteristic of rural market centres?

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Look for direct contradictions. The passage calls rural centers "quasi-urban" (meaning partly or almost urban), which is the direct opposite of "pure urban." This makes the incorrect statement easy to spot.
Updated On: Sep 10, 2025
  • They are pure urban centres with specialisation in rural products.
  • They are most rudimentary type of trading centres.
  • Here professional and personal services are not well-developed.
  • Most of these have mandis (wholesale markets).
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The Correct Option is A

Solution and Explanation

Step 1: Understanding the Question:
The question asks to identify the statement that is NOT a correct description of rural market centres based on the passage.
Step 2: Analyzing the Passage's Description of Rural Market Centres:
The fourth paragraph describes rural marketing centres. Let's check the options against this description:


Option (2): "They serve as trading centres of the most rudimentary type." This is directly stated in the passage.
Option (3): "Here, personal and professional services are not well-developed." This is also directly stated.
Option (4): "Most of these have mandis (wholesale markets)..." This is also stated in the passage.
Option (1): "They are pure urban centres..." This is explicitly contradicted. The passage says they are "quasi-urban centres" and "not urban centres per se".
Step 3: Final Answer:
The statement that rural market centres are "pure urban centres" is false according to the passage.
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