Questions from (41 - 45)
Read the given passage carefully and answer the following questions.
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. Urban 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.
Which of the following is NOT a characteristic of rural market centres?
Correct Answer :
They are pure urban centres with specialisation in rural products.
Solution :
The correct option/answer is: They are pure urban centres with specialisation in rural products.
Let us break down the characteristics of rural marketing centres as described in the provided passage to understand why this option is NOT a characteristic:
1. Rudimentary nature: The passage explicitly states, "They serve as trading centres of the most rudimentary type." This confirms that they are basic trading hubs, making the option describing them as rudimentary correct according to the text.
2. Level of services: According to the passage, "Here, personal and professional services are not well-developed." Thus, the lack of well-developed professional and personal services is a true characteristic.
3. Presence of wholesale markets: The passage states, "Most of these have mandis (wholesale markets) and also retailing areas." This validates that having mandis is a correct characteristic.
4. Urban status: The passage clearly defines rural marketing centres as "quasi-urban centres" and goes on to state, "They are not urban centres per se...". Therefore, describing them as "pure urban centres" directly contradicts the passage. Since this statement is incorrect, it is NOT a characteristic of rural marketing centres.
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