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 Multiple Choice QuestionsMultiple Choice Questions

231.

Match the following.

Form of Market Number of Sellers and Buyers
Oligopoly Large Number of Sellers
Monopoly A few big sellers and a large number of buyers
Perfect Competition One seller but large number of buyers

  • 1-b, 2-c, 3-a

  • 1-c, 2-a, 3-b

  • 1-a, 2-b, 3-c

  • 1-b, 2-a, 3-c

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232.

The ............. curve represents the demand of all consumers in the market taken together at different levels of the price of the good.

  • montonic

  • indifferent

  • market demand

  • diminishing

23 Views

233.

The market structure called monopoly exists where there is exactly ............ seller in any market.

  • One

  • Two

  • Five

  • Ten

21 Views

234.

For a price-taking firm, average revenue is ................ market price.

  • half of

  • equal to

  • double of

  • less than

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235.

The study of individual markets of demand and supply in which the 'players' or the decision makers, were also individuals (buyers or sellers, even companies) who were seen as trying to maximize their profits (as producers or sellers) and their personal satisfaction or welfare levels (as consumers) is called?

  • Macro Economics

  • Econometrics

  • Micro Economics

  • Heterodox Economics

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236.

Which one of the following is a component of Food Security System?

  • Buffer Stock

  • Minimum Support Price

  • Fair Price Shops

  • Mid Day Meals


A.

Buffer Stock

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237.

What is the accepted average Calorie requirement for rural area in India?

  • 2100

  • 2200

  • 2300

  • 2400

27 Views

238.

'Neo-Malthusian Theory' is associated with which of the following?

  • Employment

  • Poverty

  • Resource Scarcity

  • Income


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239.

Match the following:

Sector Example
Primary Consultancy
Secondary Apiculture
Tertiary Shoe Factory

  • 1 - b,  2 -c,  3-a

  • 1 - c,  2 - a,  3 - b

  • 1 - a,  2 - c,  3 - b

  • 1 - c,  2 - b,  3 - a


240.

Who takes the decision regarding the savings and loan activities in a Self Helf Group (SHG)?

  • Private Bank

  • Reserve Bank of India

  • Members of Group

  • Non-Government Organizations


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