Match the LIST-I with LIST-II
| LIST-I | LIST-II |
| (Types of goods) | (Examples) |
| A. Convenience Products | I. Raw materials, engines, lubricants etc. |
| B. Shopping Products | II. Clothes, shoes, jewelry, furniture etc. |
| C. Speciality Products | III. Newspaper, stationery items, toothpaste etc. |
| D. Industrial Products | IV. A rare collection of artwork or of antiques |
Choose the correct answer from the options given below:
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → A-III, B-II, C-IV, D-I
(A) Convenience Products — this matches (III) Newspaper, stationery items, toothpaste etc. These are bought often, in small amounts and with little effort, from the nearest shop. They are low in price.
(B) Shopping Products — this matches (II) Clothes, shoes, jewelry, furniture etc. Before buying these, the customer compares price, quality and style in several shops. They cost more and are bought less often.
(C) Speciality Products — this matches (IV) A rare collection of artwork or of antiques. These have a special attraction for a small group of buyers, who will make a special effort to buy them.
(D) Industrial Products — this matches (I) Raw materials, engines, lubricants etc. These are bought by businesses for use in making other products, not by consumers for their own use.
NCERT (2026-27 Edition): “Classification of Products … 1. Convenience Products: Those consumer products, which are purchased frequently, immediately and with least time and efforts are referred to as convenience goods. Examples of such products are cigarettes, ice creams, medicines, newspaper, stationery items toothpaste etc. …” “2. Shopping Products: Shopping products are those consumer goods where buyers devote considerable time, to compare the quality, price, style, suitability, etc., at several stores, before making final purchase. Some of the examples of shopping products are clothes, shoes, jewellery, furniture, radio, television, etc.” “3. Speciality Products: Speciality products are those consumer goods” “which have certain special features because of which people make special efforts in their purchase. These products are such, which have reached a brand loyalty of the highest order, with a significant number of buyers. …” “Industrial products are those products, which are used as inputs in producing other products. The examples of such products are raw materials, engines, lubricants, machines, tools, etc. …” |