Which is the form of market where there is lack of competition? [#1179]
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Q1. Which is the form of market where there is lack of competition?
Q1. Which is the form of market where there is lack of competition?
(A) Monopoly
(A) Monopoly
(A) Monopoly
(B) Oligopoly
(B) Oligopoly
(B) Oligopoly
(C) Perfect Competition
(C) Perfect Competition
(C) Perfect Competition
(D) Maretization
(D) Maretization
(D) Maretization
Answer: (A) Monopoly
Answer: (A) Monopoly
Answer: (A) Monopoly
A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.
A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.
A monopoly market, in simple terms, means a single seller selling a unique product. The seller dominates the market by offering a unique product, setting its own prices, and high barriers restricting new entrants.
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Related MCQ Quizzes
Q1. What is the farthest planet from the Sun?
Q1. What is the farthest planet from the Sun?
(A) Neptune
(A) Neptune
(A) Neptune
(B) Uranus
(B) Uranus
(B) Uranus
(C) Saturn
(C) Saturn
(C) Saturn
(D) Pluto
(D) Pluto
(D) Pluto
Answer: (A) Neptune
Answer: (A) Neptune
Answer: (A) Neptune
Neptune, with an average distance of about 4.5 billion kilometers (2.8 billion miles), is the farthest planet from the Sun. Note: Pluto was previously considered a planet but is now classified as a dwarf planet.
Neptune, with an average distance of about 4.5 billion kilometers (2.8 billion miles), is the farthest planet from the Sun. Note: Pluto was previously considered a planet but is now classified as a dwarf planet.
Neptune, with an average distance of about 4.5 billion kilometers (2.8 billion miles), is the farthest planet from the Sun. Note: Pluto was previously considered a planet but is now classified as a dwarf planet.
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Q2. What is the minimum age to become the governor of a state?
Q2. What is the minimum age to become the governor of a state?
(A) 30 years
(A) 30 years
(A) 30 years
(B) 25 years
(B) 25 years
(B) 25 years
(C) 35 years
(C) 35 years
(C) 35 years
(D) 45 years
(D) 45 years
(D) 45 years
Answer: (C) 35 years
Answer: (C) 35 years
Answer: (C) 35 years
The correct answer is 35 years. 35 years is the minimum age of the person to be a Governor of the State according to the constitution of India. The governor must be a citizen of India. He should not be a member of either house of the parliament or house of the state legislature.
The correct answer is 35 years. 35 years is the minimum age of the person to be a Governor of the State according to the constitution of India. The governor must be a citizen of India. He should not be a member of either house of the parliament or house of the state legislature.
The correct answer is 35 years. 35 years is the minimum age of the person to be a Governor of the State according to the constitution of India. The governor must be a citizen of India. He should not be a member of either house of the parliament or house of the state legislature.
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Q3. What is the normal playing time of the full version of the National Anthem of India?
Q3. What is the normal playing time of the full version of the National Anthem of India?
(A) 2 minutes
(A) 2 minutes
(A) 2 minutes
(B) 1 minute
(B) 1 minute
(B) 1 minute
(C) 52 seconds
(C) 52 seconds
(C) 52 seconds
(D) 50 seconds
(D) 50 seconds
(D) 50 seconds
Answer: (C) 52 seconds
Answer: (C) 52 seconds
Answer: (C) 52 seconds
The full version of India's national anthem, Jana Gana Mana, takes about 52 seconds to play. The anthem was originally composed in Bengali by Rabindranath Tagore and first sung in 1911. The Constituent Assembly adopted the Hindi version of the first stanza as the national anthem on January 24, 1950.
The full version of India's national anthem, Jana Gana Mana, takes about 52 seconds to play. The anthem was originally composed in Bengali by Rabindranath Tagore and first sung in 1911. The Constituent Assembly adopted the Hindi version of the first stanza as the national anthem on January 24, 1950.
The full version of India's national anthem, Jana Gana Mana, takes about 52 seconds to play. The anthem was originally composed in Bengali by Rabindranath Tagore and first sung in 1911. The Constituent Assembly adopted the Hindi version of the first stanza as the national anthem on January 24, 1950.
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Q4. The credit of construction of great wall of China goes to –
Q4. The credit of construction of great wall of China goes to –
(A) Qin Shi Huang
(A) Qin Shi Huang
(A) Qin Shi Huang
(B) Fa-Hien
(B) Fa-Hien
(B) Fa-Hien
(C) Xuanzang or Hiuen Tsang
(C) Xuanzang or Hiuen Tsang
(C) Xuanzang or Hiuen Tsang
(D) Yijing
(D) Yijing
(D) Yijing
Answer: (A) Qin Shi Huang
Answer: (A) Qin Shi Huang
Answer: (A) Qin Shi Huang
Around 220 B.C.E., Qin Shi Huang, also called the First Emperor, united China. He masterminded the process of uniting the existing walls into one. At that time, rammed earth and wood made up most of the wall.
Around 220 B.C.E., Qin Shi Huang, also called the First Emperor, united China. He masterminded the process of uniting the existing walls into one. At that time, rammed earth and wood made up most of the wall.
Around 220 B.C.E., Qin Shi Huang, also called the First Emperor, united China. He masterminded the process of uniting the existing walls into one. At that time, rammed earth and wood made up most of the wall.
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Q5. Who is the founder of the Assam Sangha, a medieval kingdom that ruled Assam from the 13th to the 16th century?
Q5. Who is the founder of the Assam Sangha, a medieval kingdom that ruled Assam from the 13th to the 16th century?
(A) Sukaphaa
(A) Sukaphaa
(A) Sukaphaa
(B) Prahlad
(B) Prahlad
(B) Prahlad
(C) Lakshminath Bezbaroah
(C) Lakshminath Bezbaroah
(C) Lakshminath Bezbaroah
(D) Gopinath Bordoloi
(D) Gopinath Bordoloi
(D) Gopinath Bordoloi
Answer: (A) Sukaphaa
Answer: (A) Sukaphaa
Answer: (A) Sukaphaa
Sukaphaa was the founder of the Ahom kingdom, also known as the Assam Sangha, which ruled Assam from 1228 to 1826. He was a Tai prince from present-day Myanmar who united various tribes and expanded the kingdom.
Sukaphaa was the founder of the Ahom kingdom, also known as the Assam Sangha, which ruled Assam from 1228 to 1826. He was a Tai prince from present-day Myanmar who united various tribes and expanded the kingdom.
Sukaphaa was the founder of the Ahom kingdom, also known as the Assam Sangha, which ruled Assam from 1228 to 1826. He was a Tai prince from present-day Myanmar who united various tribes and expanded the kingdom.
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Q6. Statue of Liberty is situated in -
Q6. Statue of Liberty is situated in -
(A) Paris
(A) Paris
(A) Paris
(B) Washington
(B) Washington
(B) Washington
(C) Geneva
(C) Geneva
(C) Geneva
(D) New York
(D) New York
(D) New York
Answer: (D) New York
Answer: (D) New York
Answer: (D) New York
The Statue of Liberty is located on Liberty Island in New York Harbor, New York City. The 305-foot (93-meter) statue is a gift from the people of France to the United States. It was designed by French sculptor Frédéric Auguste Bartholdi and built by Gustave Eiffel, and dedicated on October 28, 1886.
The Statue of Liberty is located on Liberty Island in New York Harbor, New York City. The 305-foot (93-meter) statue is a gift from the people of France to the United States. It was designed by French sculptor Frédéric Auguste Bartholdi and built by Gustave Eiffel, and dedicated on October 28, 1886.
The Statue of Liberty is located on Liberty Island in New York Harbor, New York City. The 305-foot (93-meter) statue is a gift from the people of France to the United States. It was designed by French sculptor Frédéric Auguste Bartholdi and built by Gustave Eiffel, and dedicated on October 28, 1886.
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Q7. What is the term for the process by which the Earth's plates move and change, causing earthquakes, volcanoes, and the creation of mountain ranges?
Q7. What is the term for the process by which the Earth's plates move and change, causing earthquakes, volcanoes, and the creation of mountain ranges?
(A) Continental drift
(A) Continental drift
(A) Continental drift
(B) Plate tectonics
(B) Plate tectonics
(B) Plate tectonics
(C) Weathering and erosion
(C) Weathering and erosion
(C) Weathering and erosion
(D) Glaciation
(D) Glaciation
(D) Glaciation
Answer: (B) Plate tectonics
Answer: (B) Plate tectonics
Answer: (B) Plate tectonics
Plate tectonics is the theory that the Earth's outer layer is divided into large plates that move relative to each other, creating and destroying landforms, oceans, and continents over millions of years.
Plate tectonics is the theory that the Earth's outer layer is divided into large plates that move relative to each other, creating and destroying landforms, oceans, and continents over millions of years.
Plate tectonics is the theory that the Earth's outer layer is divided into large plates that move relative to each other, creating and destroying landforms, oceans, and continents over millions of years.
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Q8. What is the term for the process by which the universe became transparent to light, approximately 380,000 years after the Big Bang?
Q8. What is the term for the process by which the universe became transparent to light, approximately 380,000 years after the Big Bang?
(A) Cosmic inflation
(A) Cosmic inflation
(A) Cosmic inflation
(B) Dark matter formation
(B) Dark matter formation
(B) Dark matter formation
(C) Recombination
(C) Recombination
(C) Recombination
(D) Galaxy formation
(D) Galaxy formation
(D) Galaxy formation
Answer: (C) Recombination
Answer: (C) Recombination
Answer: (C) Recombination
Recombination marks the point when the universe had cooled enough for electrons and protons to combine into neutral atoms, allowing photons to travel freely through space without being scattered by charged particles. This event, also known as the "era of recombination," occurred about 380,000 years after the Big Bang.
Recombination marks the point when the universe had cooled enough for electrons and protons to combine into neutral atoms, allowing photons to travel freely through space without being scattered by charged particles. This event, also known as the "era of recombination," occurred about 380,000 years after the Big Bang.
Recombination marks the point when the universe had cooled enough for electrons and protons to combine into neutral atoms, allowing photons to travel freely through space without being scattered by charged particles. This event, also known as the "era of recombination," occurred about 380,000 years after the Big Bang.
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Q9. “Golden Ball” is an award presented to an outstanding player from which sport?
Q9. “Golden Ball” is an award presented to an outstanding player from which sport?
(A) Volleyball
(A) Volleyball
(A) Volleyball
(B) Baseball
(B) Baseball
(B) Baseball
(C) Football
(C) Football
(C) Football
(D) Basketball
(D) Basketball
(D) Basketball
Answer: (C) Football
Answer: (C) Football
Answer: (C) Football
Thе Golden Ball Award is an annual football award prеsеntеd by Frеnch nеws magazinе Francе Football since 1982. It is awardеd to thе bеst playеr at еach FIFA World Cup finals.
Thе Golden Ball Award is an annual football award prеsеntеd by Frеnch nеws magazinе Francе Football since 1982. It is awardеd to thе bеst playеr at еach FIFA World Cup finals.
Thе Golden Ball Award is an annual football award prеsеntеd by Frеnch nеws magazinе Francе Football since 1982. It is awardеd to thе bеst playеr at еach FIFA World Cup finals.
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Q10. Which of the following Monsoons account for most of the rainfall in India?
Q10. Which of the following Monsoons account for most of the rainfall in India?
(A) North East Monsoon
(A) North East Monsoon
(A) North East Monsoon
(B) South West Monsoon
(B) South West Monsoon
(B) South West Monsoon
(C) South East Monsoon
(C) South East Monsoon
(C) South East Monsoon
(D) East Asia Monsoon
(D) East Asia Monsoon
(D) East Asia Monsoon
Answer: (B) South West Monsoon
Answer: (B) South West Monsoon
Answer: (B) South West Monsoon
The Southwest Monsoon is responsible for most of the rainfall in India, bringing over 75% of the country's annual precipitation. It lasts from June to September. The Southwest Monsoon winds originate from the Arabian Sea and the Bay of Bengal.
The Southwest Monsoon is responsible for most of the rainfall in India, bringing over 75% of the country's annual precipitation. It lasts from June to September. The Southwest Monsoon winds originate from the Arabian Sea and the Bay of Bengal.
The Southwest Monsoon is responsible for most of the rainfall in India, bringing over 75% of the country's annual precipitation. It lasts from June to September. The Southwest Monsoon winds originate from the Arabian Sea and the Bay of Bengal.
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