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. Which archaeological site in Assam is famous for its ancient stone sculptures and inscriptions, and is believed to be the ancient capital of the Salasthambha Kingdom?
Q1. Which archaeological site in Assam is famous for its ancient stone sculptures and inscriptions, and is believed to be the ancient capital of the Salasthambha Kingdom?
(A) Kanai-Boroxiboa
(A) Kanai-Boroxiboa
(A) Kanai-Boroxiboa
(B) Ambari
(B) Ambari
(B) Ambari
(C) Tezpur
(C) Tezpur
(C) Tezpur
(D) Sivasagar
(D) Sivasagar
(D) Sivasagar
Answer: (A) Kanai-Boroxiboa
Answer: (A) Kanai-Boroxiboa
Answer: (A) Kanai-Boroxiboa
Kanai-Boroxiboa is an archaeological site in Assam that is famous for its ancient stone sculptures and inscriptions. It is believed to be the ancient capital of the Salasthambha Kingdom and dates back to the 4th century AD.
Kanai-Boroxiboa is an archaeological site in Assam that is famous for its ancient stone sculptures and inscriptions. It is believed to be the ancient capital of the Salasthambha Kingdom and dates back to the 4th century AD.
Kanai-Boroxiboa is an archaeological site in Assam that is famous for its ancient stone sculptures and inscriptions. It is believed to be the ancient capital of the Salasthambha Kingdom and dates back to the 4th century AD.
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Q2. Indira point is located at –
Q2. Indira point is located at –
(A) Kanyakumari
(A) Kanyakumari
(A) Kanyakumari
(B) Mincoy
(B) Mincoy
(B) Mincoy
(C) Andaman & Nicobar Islands
(C) Andaman & Nicobar Islands
(C) Andaman & Nicobar Islands
(D) Lakshadweep
(D) Lakshadweep
(D) Lakshadweep
Answer: (C) Andaman & Nicobar Islands
Answer: (C) Andaman & Nicobar Islands
Answer: (C) Andaman & Nicobar Islands
Indira Point is located on Great Nicobar Island in the Andaman and Nicobar Islands, which are in the eastern Indian Ocean. It's the southernmost point of India, and its coordinates are 6°45'10″N and 93°49'36″E.
Indira Point is located on Great Nicobar Island in the Andaman and Nicobar Islands, which are in the eastern Indian Ocean. It's the southernmost point of India, and its coordinates are 6°45'10″N and 93°49'36″E.
Indira Point is located on Great Nicobar Island in the Andaman and Nicobar Islands, which are in the eastern Indian Ocean. It's the southernmost point of India, and its coordinates are 6°45'10″N and 93°49'36″E.
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Q3. Who was the first Indian to become the President of the Indian National Congress?
Q3. Who was the first Indian to become the President of the Indian National Congress?
(A) Womesh Chandra Bonnerjee
(A) Womesh Chandra Bonnerjee
(A) Womesh Chandra Bonnerjee
(B) Dadabhai Naoroji
(B) Dadabhai Naoroji
(B) Dadabhai Naoroji
(C) Dinshaw Edulji Wacha
(C) Dinshaw Edulji Wacha
(C) Dinshaw Edulji Wacha
(D) Mahatma Gandhi
(D) Mahatma Gandhi
(D) Mahatma Gandhi
Answer: (A) Womesh Chandra Bonnerjee
Answer: (A) Womesh Chandra Bonnerjee
Answer: (A) Womesh Chandra Bonnerjee
Womesh Chandra Bonnerjee was the first Indian to become the President of the Indian National Congress in 1885.
Womesh Chandra Bonnerjee was the first Indian to become the President of the Indian National Congress in 1885.
Womesh Chandra Bonnerjee was the first Indian to become the President of the Indian National Congress in 1885.
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Q4. Which Assamese freedom fighter was known as the "Lion of Assam" and played a key role in the Indian independence movement, particularly in the Quit India Movement?
Q4. Which Assamese freedom fighter was known as the "Lion of Assam" and played a key role in the Indian independence movement, particularly in the Quit India Movement?
(A) Gopinath Bordoloi
(A) Gopinath Bordoloi
(A) Gopinath Bordoloi
(B) Bishnu Ram Medhi
(B) Bishnu Ram Medhi
(B) Bishnu Ram Medhi
(C) Ambikagiri Raichoudhury
(C) Ambikagiri Raichoudhury
(C) Ambikagiri Raichoudhury
(D) Nalini Bala Devi
(D) Nalini Bala Devi
(D) Nalini Bala Devi
Answer: (C) Ambikagiri Raichoudhury
Answer: (C) Ambikagiri Raichoudhury
Answer: (C) Ambikagiri Raichoudhury
Ambikagiri Raichoudhury, affectionately called the "Lion of Assam", was a prominent Assamese freedom fighter and poet who played a significant role in the Indian independence movement, particularly in the Quit India Movement. He was a powerful orator and a key figure in mobilizing support for the movement in Assam.
Ambikagiri Raichoudhury, affectionately called the "Lion of Assam", was a prominent Assamese freedom fighter and poet who played a significant role in the Indian independence movement, particularly in the Quit India Movement. He was a powerful orator and a key figure in mobilizing support for the movement in Assam.
Ambikagiri Raichoudhury, affectionately called the "Lion of Assam", was a prominent Assamese freedom fighter and poet who played a significant role in the Indian independence movement, particularly in the Quit India Movement. He was a powerful orator and a key figure in mobilizing support for the movement in Assam.
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Q5. Which logo would you like to see for purchasing agro commodities?
Q5. Which logo would you like to see for purchasing agro commodities?
(A) Agmark
(A) Agmark
(A) Agmark
(B) ISI
(B) ISI
(B) ISI
(C) Hall Mark
(C) Hall Mark
(C) Hall Mark
(D) FPO mark
(D) FPO mark
(D) FPO mark
Answer: (A) Agmark
Answer: (A) Agmark
Answer: (A) Agmark
AGMARK is a certification mark for agricultural produce, assuring that they conform to a grade standard notified by Directorate of Marketing & Inspection (DMI), Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture & Farmers Welfare under Agricultural Produce (Grading Marking) Act, 1937.
AGMARK is a certification mark for agricultural produce, assuring that they conform to a grade standard notified by Directorate of Marketing & Inspection (DMI), Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture & Farmers Welfare under Agricultural Produce (Grading Marking) Act, 1937.
AGMARK is a certification mark for agricultural produce, assuring that they conform to a grade standard notified by Directorate of Marketing & Inspection (DMI), Department of Agriculture, Cooperation and Farmers Welfare, Ministry of Agriculture & Farmers Welfare under Agricultural Produce (Grading Marking) Act, 1937.
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Q6. Name of the operation that led to the capture and death of Osama Bin Laden.
Q6. Name of the operation that led to the capture and death of Osama Bin Laden.
(A) Neptune Spear
(A) Neptune Spear
(A) Neptune Spear
(B) Smiling Buddha
(B) Smiling Buddha
(B) Smiling Buddha
(C) Operation Vijay
(C) Operation Vijay
(C) Operation Vijay
(D) Operation Sakthi
(D) Operation Sakthi
(D) Operation Sakthi
Answer: (A) Neptune Spear
Answer: (A) Neptune Spear
Answer: (A) Neptune Spear
The operation that led to the death of Osama bin Laden was called Operation Neptune Spear. The operation was carried out by US Navy SEALs of SEAL Team Six on May 2, 2011, in Abbottabad, Pakistan. Bin Laden was the founder and leader of the Islamist militant group al-Qaeda.
The operation that led to the death of Osama bin Laden was called Operation Neptune Spear. The operation was carried out by US Navy SEALs of SEAL Team Six on May 2, 2011, in Abbottabad, Pakistan. Bin Laden was the founder and leader of the Islamist militant group al-Qaeda.
The operation that led to the death of Osama bin Laden was called Operation Neptune Spear. The operation was carried out by US Navy SEALs of SEAL Team Six on May 2, 2011, in Abbottabad, Pakistan. Bin Laden was the founder and leader of the Islamist militant group al-Qaeda.
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Q7. The credit of construction of great wall of China goes to –
Q7. 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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Q8. Which logo would you like to see for purchasing industrial products?
Q8. Which logo would you like to see for purchasing industrial products?
(A) Agmark
(A) Agmark
(A) Agmark
(B) ISI
(B) ISI
(B) ISI
(C) Hall Mark
(C) Hall Mark
(C) Hall Mark
(D) FPO mark
(D) FPO mark
(D) FPO mark
Answer: (B) ISI
Answer: (B) ISI
Answer: (B) ISI
The ISI mark is a certification mark for industrial and consumer products in India that indicates that a product meets the standards set by the Bureau of Indian Standards (BIS). The BIS is the national standards body of India and the ISI mark has been used since 1955.
The ISI mark is a certification mark for industrial and consumer products in India that indicates that a product meets the standards set by the Bureau of Indian Standards (BIS). The BIS is the national standards body of India and the ISI mark has been used since 1955.
The ISI mark is a certification mark for industrial and consumer products in India that indicates that a product meets the standards set by the Bureau of Indian Standards (BIS). The BIS is the national standards body of India and the ISI mark has been used since 1955.
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Q9. Where did the concept of democracy
originate?
Q9. Where did the concept of democracy
originate?
(A) Athens, Greece
(A) Athens, Greece
(A) Athens, Greece
(B) Rome, Italy
(B) Rome, Italy
(B) Rome, Italy
(C) Babylon, Mesopotamia
(C) Babylon, Mesopotamia
(C) Babylon, Mesopotamia
(D) Egypt, Africa
(D) Egypt, Africa
(D) Egypt, Africa
Answer: (A) Athens, Greece
Answer: (A) Athens, Greece
Answer: (A) Athens, Greece
Athens, Greece is credited with the development of democracy, where citizens had the power to participate in government decisions.
Athens, Greece is credited with the development of democracy, where citizens had the power to participate in government decisions.
Athens, Greece is credited with the development of democracy, where citizens had the power to participate in government decisions.
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Q10. Which planet in our solar system is closest to the Sun?
Q10. Which planet in our solar system is closest to the Sun?
(A) Mercury
(A) Mercury
(A) Mercury
(B) Venus
(B) Venus
(B) Venus
(C) Earth
(C) Earth
(C) Earth
(D) Mars
(D) Mars
(D) Mars
Answer: (A) Mercury
Answer: (A) Mercury
Answer: (A) Mercury
Mercury, with an average distance of about 58 million kilometers (36 million miles), is the closest planet to the Sun. Its highly elliptical orbit takes it as close as 46 million kilometers (29 million miles) and as far as 70 million kilometers (44 million miles) from the Sun.
Mercury, with an average distance of about 58 million kilometers (36 million miles), is the closest planet to the Sun. Its highly elliptical orbit takes it as close as 46 million kilometers (29 million miles) and as far as 70 million kilometers (44 million miles) from the Sun.
Mercury, with an average distance of about 58 million kilometers (36 million miles), is the closest planet to the Sun. Its highly elliptical orbit takes it as close as 46 million kilometers (29 million miles) and as far as 70 million kilometers (44 million miles) from the Sun.
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