[{"id":181011,"question":"A monopoly market can be controlled by.","choices":[{"text":"Fixing of the price by the government","value":"A"},{"text":"Administrative measures","value":"B"},{"text":"Introduction of substitutes","value":"C"},{"text":"Nationalisation","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":181009,"question":"Extent of market mainly depends upon.","choices":[{"text":"Availability of means of transport and communication","value":"A"},{"text":"Nature of supply","value":"B"},{"text":"Government restriction","value":"C"},{"text":"Perishable goods","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":181007,"question":"Different kinds of imperfect competition are.","choices":[{"text":"Monopoly","value":"A"},{"text":"Monopolistic competition","value":"B"},{"text":"Oligopoly","value":"C"},{"text":"All the three","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":181006,"question":"A monopolist is always interested and obtains.","choices":[{"text":"Normal profit","value":"A"},{"text":"Subnormal profit","value":"B"},{"text":"Continues production even at loss","value":"C"},{"text":"Super normal profit","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":181003,"question":"Buyers and sellers under perfect competition are.","choices":[{"text":"The same in number","value":"A"},{"text":"Large in number","value":"B"},{"text":"Small in number","value":"C"},{"text":"None of the above","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":181002,"question":"The market of cars is.","choices":[{"text":"International market","value":"A"},{"text":"Regional market","value":"B"},{"text":"Local market","value":"C"},{"text":"Domestic market","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":181001,"question":"A short period market is the market of.","choices":[{"text":"Perishable goods","value":"A"},{"text":"Durable goods","value":"B"},{"text":"Consumer goods","value":"C"},{"text":"Capital goods","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":181000,"question":"The concept of perfect competition was introduced by.","choices":[{"text":"Adam Smith","value":"A"},{"text":"Alfred Marshall","value":"B"},{"text":"Keynes","value":"C"},{"text":"Malthus","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":180999,"question":"Different prices are charged from different customers of the same product. This is called.","choices":[{"text":"Short run price","value":"A"},{"text":"Price instability","value":"B"},{"text":"Price discrimination","value":"C"},{"text":"Long run price","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":180998,"question":"Normal price is a price which prevails","choices":[{"text":"In day to day market","value":"A"},{"text":"In domestic market","value":"B"},{"text":"In the long run market","value":"C"},{"text":"In a foreign market","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":180996,"question":"The extent of market depends upon","choices":[{"text":"Means of transport and communication","value":"A"},{"text":"Political instability","value":"B"},{"text":"Economics instability","value":"C"},{"text":"Trade restriction","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":180994,"question":"The supply curve of day to day market is.","choices":[{"text":"Touching the horizontal axis","value":"A"},{"text":"Touching the vertical axis","value":"B"},{"text":"Perfactly elastic","value":"C"},{"text":"Perfactly inelastic","value":"D"},{"value":"E"}],"correctAnswer":4},{"id":180987,"question":"Which one of the following is a day to day market.","choices":[{"text":"The market of perishable goods","value":"A"},{"text":"The market of refrigerators","value":"B"},{"text":"The market of stationary","value":"C"},{"text":"None of the three","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":180985,"question":"Stock exchange is market where we can buy:","choices":[{"text":"Shares","value":"A"},{"text":"Foreign exchange","value":"B"},{"text":"Factors of production","value":"C"},{"text":"Consumer goods","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":180984,"question":"Common market of SAARC countries will be called:","choices":[{"text":"International market","value":"A"},{"text":"National market","value":"B"},{"text":"Regional market","value":"C"},{"text":"None of the three","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":180982,"question":"Malaysia enjoys monopoly on rubber, but which kind of monopoluit is.","choices":[{"text":"Natural monopoly","value":"A"},{"text":"Social monopoly","value":"B"},{"text":"Legal monopoly","value":"C"},{"text":"Implied monopoly","value":"D"},{"value":"E"}],"correctAnswer":1},{"id":180980,"question":"Product differentiation is a pre-condition of:","choices":[{"text":"Perfect competition","value":"A"},{"text":"Imperfect compitition","value":"B"},{"text":"Monopoly","value":"C"},{"text":"Oligopoly","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":180978,"question":"The market of refrigerators in general is called:","choices":[{"text":"Domestic market","value":"A"},{"text":"Local market","value":"B"},{"text":"International market","value":"C"},{"text":"National market","value":"D"},{"value":"E"}],"correctAnswer":3},{"id":180977,"question":"Market is an area where :","choices":[{"text":"Products are sold","value":"A"},{"text":"Buyers and sellers come in contact with each other","value":"B"},{"text":"Price flactuates","value":"C"},{"text":"Price remain constant","value":"D"},{"value":"E"}],"correctAnswer":2},{"id":106691,"question":"Perfect competition is a situation of market, where there are very large number of firms selling the same commodity are called","choices":[{"text":"Revenue curve under perfect competition","value":"A"},{"text":"Monopoly curve","value":"B"},{"text":"Total revenue curve","value":"C"},{"text":"None of these","value":"D"},{"value":"E"}],"correctAnswer":1}]