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
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
The market structure called monopoly exists where there is exactly ............ seller in any market.
One
Two
Five
Ten
For a price-taking firm, average revenue is ................ market price.
half of
equal to
double of
less than
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
Which one of the following is a component of Food Security System?
Buffer Stock
Minimum Support Price
Fair Price Shops
Mid Day Meals
What is the accepted average Calorie requirement for rural area in India?
2100
2200
2300
2400
'Neo-Malthusian Theory' is associated with which of the following?
Employment
Poverty
Resource Scarcity
Income
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
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