| 1 |
Which one of the following is a day to day market. |
- A. The market of perishable goods
- B. The market of refrigerators
- C. The market of stationary
- D. None of the three
|
| 2 |
Common market of SAARC countries will be called: |
- A. International market
- B. National market
- C. Regional market
- D. None of the three
|
| 3 |
The kind of market is undesirable |
- A. general market
- B. specialized market
- C. local market
- D. monopoly market
|
| 4 |
Buyers and sellers under perfect competition are. |
- A. The same in number
- B. Large in number
- C. Small in number
- D. None of the above
|
| 5 |
Market is an area where : |
- A. Products are sold
- B. Buyers and sellers come in contact with each other
- C. Price flactuates
- D. Price remain constant
|
| 6 |
The extent of market depends upon |
- A. Means of transport and communication
- B. Political instability
- C. Economics instability
- D. Trade restriction
|
| 7 |
A monopoly market can be controlled by. |
- A. Fixing of the price by the government
- B. Administrative measures
- C. Introduction of substitutes
- D. Nationalisation
|
| 8 |
Normal price is a price which prevails |
- A. In day to day market
- B. In domestic market
- C. In the long run market
- D. In a foreign market
|
| 9 |
A mechanism, or arrangement, which brings together buyers together buyers and sellers of particular goods or services are called |
- A. Market
- B. Revenue curve
- C. Contact
- D. None of these
|
| 10 |
Product differentiation is a pre-condition of: |
- A. Perfect competition
- B. Imperfect compitition
- C. Monopoly
- D. Oligopoly
|
