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 of the following was not a feature of Indus Valley Civilization?
Q1. Which of the following was not a feature of Indus Valley Civilization?
(A) Drainage system
(A) Drainage system
(A) Drainage system
(B) Town planning
(B) Town planning
(B) Town planning
(C) Use of bronze
(C) Use of bronze
(C) Use of bronze
(D) Use of iron
(D) Use of iron
(D) Use of iron
Answer: (D) Use of iron
Answer: (D) Use of iron
Answer: (D) Use of iron
Use of iron
Use of iron
Use of iron
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Q2. Who was the first scholar to decipher the Asokan inscription?
Q2. Who was the first scholar to decipher the Asokan inscription?
(A) James Prinsep
(A) James Prinsep
(A) James Prinsep
(B) R. k. Mukerji
(B) R. k. Mukerji
(B) R. k. Mukerji
(C) Sir Alexander Cunningham
(C) Sir Alexander Cunningham
(C) Sir Alexander Cunningham
(D) R. S. Sarma
(D) R. S. Sarma
(D) R. S. Sarma
Answer: (A) James Prinsep
Answer: (A) James Prinsep
Answer: (A) James Prinsep
James Prinsep
James Prinsep
James Prinsep
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Q3. Saga Dawa is the festival of which state?
Q3. Saga Dawa is the festival of which state?
(A) Tripura
(A) Tripura
(A) Tripura
(B) Manipur
(B) Manipur
(B) Manipur
(C) Sikkim
(C) Sikkim
(C) Sikkim
(D) Assam
(D) Assam
(D) Assam
Answer: (C) Sikkim
Answer: (C) Sikkim
Answer: (C) Sikkim
Saga Dawa, also known as the Triple Blessed Festival, is celebrated in Sikkim, India. It is a significant religious festival for Buddhists worldwide and is celebrated on the full moon of the fourth Tibetan calendar month, which is usually between May and June. The festival marks the birth, enlightenment, and death of Lord Buddha.
Saga Dawa, also known as the Triple Blessed Festival, is celebrated in Sikkim, India. It is a significant religious festival for Buddhists worldwide and is celebrated on the full moon of the fourth Tibetan calendar month, which is usually between May and June. The festival marks the birth, enlightenment, and death of Lord Buddha.
Saga Dawa, also known as the Triple Blessed Festival, is celebrated in Sikkim, India. It is a significant religious festival for Buddhists worldwide and is celebrated on the full moon of the fourth Tibetan calendar month, which is usually between May and June. The festival marks the birth, enlightenment, and death of Lord Buddha.
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Q4. Which of the following state in India has highest population density?
Q4. Which of the following state in India has highest population density?
(A) West Bengal
(A) West Bengal
(A) West Bengal
(B) Uttar Pradesh
(B) Uttar Pradesh
(B) Uttar Pradesh
(C) Bihar
(C) Bihar
(C) Bihar
(D) Kerala
(D) Kerala
(D) Kerala
Answer: (C) Bihar
Answer: (C) Bihar
Answer: (C) Bihar
Bihar is the most densely populated state in India, with 1,102 people per square kilometer, according to 2011 census data. The next most densely populated states are West Bengal (1,028 people per square kilometer) and Kerala (860 people per square kilometer).
Bihar is the most densely populated state in India, with 1,102 people per square kilometer, according to 2011 census data. The next most densely populated states are West Bengal (1,028 people per square kilometer) and Kerala (860 people per square kilometer).
Bihar is the most densely populated state in India, with 1,102 people per square kilometer, according to 2011 census data. The next most densely populated states are West Bengal (1,028 people per square kilometer) and Kerala (860 people per square kilometer).
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Q5. When the Aam Aadmi Party was established?
Q5. When the Aam Aadmi Party was established?
(A) 2011
(A) 2011
(A) 2011
(B) 2013
(B) 2013
(B) 2013
(C) 2012
(C) 2012
(C) 2012
(D) 2014
(D) 2014
(D) 2014
Answer: (C) 2012
Answer: (C) 2012
Answer: (C) 2012
The Aam Aadmi Party is a political party in India. It was founded on 26 November 2012 by Arvind Kejriwal and his then-companions, following the 2011 Indian anti-corruption movement.
The Aam Aadmi Party is a political party in India. It was founded on 26 November 2012 by Arvind Kejriwal and his then-companions, following the 2011 Indian anti-corruption movement.
The Aam Aadmi Party is a political party in India. It was founded on 26 November 2012 by Arvind Kejriwal and his then-companions, following the 2011 Indian anti-corruption movement.
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Q6. Which ancient Greek philosopher is credited with the concept of the "examined life", and famously declared "I know that I know nothing"?
Q6. Which ancient Greek philosopher is credited with the concept of the "examined life", and famously declared "I know that I know nothing"?
(A) Aristotle
(A) Aristotle
(A) Aristotle
(B) Plato
(B) Plato
(B) Plato
(C) Socrates
(C) Socrates
(C) Socrates
(D) Epicurus
(D) Epicurus
(D) Epicurus
Answer: (C) Socrates
Answer: (C) Socrates
Answer: (C) Socrates
Socrates is renowned for his method of questioning, which probed assumptions and encouraged critical thinking. His famous statement "I know that I know nothing" reflects his humility and recognition of the limits of human knowledge.
Socrates is renowned for his method of questioning, which probed assumptions and encouraged critical thinking. His famous statement "I know that I know nothing" reflects his humility and recognition of the limits of human knowledge.
Socrates is renowned for his method of questioning, which probed assumptions and encouraged critical thinking. His famous statement "I know that I know nothing" reflects his humility and recognition of the limits of human knowledge.
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Q7. Which of the following verb forms is used to describe a hypothetical or uncertain situation?
Q7. Which of the following verb forms is used to describe a hypothetical or uncertain situation?
(A) Indicative
(A) Indicative
(A) Indicative
(B) Imperative
(B) Imperative
(B) Imperative
(C) Subjunctive
(C) Subjunctive
(C) Subjunctive
(D) Conditional
(D) Conditional
(D) Conditional
Answer: (C) Subjunctive
Answer: (C) Subjunctive
Answer: (C) Subjunctive
The subjunctive mood is used to express doubt, uncertainty, or possibility, and is often used in clauses beginning with words like "if", "wish", or "suggest".
The subjunctive mood is used to express doubt, uncertainty, or possibility, and is often used in clauses beginning with words like "if", "wish", or "suggest".
The subjunctive mood is used to express doubt, uncertainty, or possibility, and is often used in clauses beginning with words like "if", "wish", or "suggest".
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Q8. Khardung La mountain pass is located in which Indian state or Union Territory?
Q8. Khardung La mountain pass is located in which Indian state or Union Territory?
(A) Himachal Pradesh
(A) Himachal Pradesh
(A) Himachal Pradesh
(B) Uttarakhand
(B) Uttarakhand
(B) Uttarakhand
(C) Jammu & Kashmir
(C) Jammu & Kashmir
(C) Jammu & Kashmir
(D) Ladakh
(D) Ladakh
(D) Ladakh
Answer: (D) Ladakh
Answer: (D) Ladakh
Answer: (D) Ladakh
Khardung La is located in the Leh district of Ladakh, a union territory of India. The pass is 40 kilometers north of Leh on the Ladakh Range. It's known as the gateway to the Nubra and Shyok valleys, and connects the Indus and Shyok river valleys.
Khardung La is located in the Leh district of Ladakh, a union territory of India. The pass is 40 kilometers north of Leh on the Ladakh Range. It's known as the gateway to the Nubra and Shyok valleys, and connects the Indus and Shyok river valleys.
Khardung La is located in the Leh district of Ladakh, a union territory of India. The pass is 40 kilometers north of Leh on the Ladakh Range. It's known as the gateway to the Nubra and Shyok valleys, and connects the Indus and Shyok river valleys.
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Q9. What is the term for the word or phrase that comes after the verb in a sentence?
Q9. What is the term for the word or phrase that comes after the verb in a sentence?
(A) Subject
(A) Subject
(A) Subject
(B) Object
(B) Object
(B) Object
(C) Modifier
(C) Modifier
(C) Modifier
(D) Complement
(D) Complement
(D) Complement
Answer: (B) Object
Answer: (B) Object
Answer: (B) Object
The object is the word or phrase that receives the action of the verb, and can be a noun, pronoun, or phrase.
The object is the word or phrase that receives the action of the verb, and can be a noun, pronoun, or phrase.
The object is the word or phrase that receives the action of the verb, and can be a noun, pronoun, or phrase.
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Q10. Which of the following planets in our solar system is no longer considered a planet, but is now classified as a dwarf planet?
Q10. Which of the following planets in our solar system is no longer considered a planet, but is now classified as a dwarf planet?
(A) Pluto
(A) Pluto
(A) Pluto
(B) Neptune
(B) Neptune
(B) Neptune
(C) Mars
(C) Mars
(C) Mars
(D) Mercury
(D) Mercury
(D) Mercury
Answer: (A) Pluto
Answer: (A) Pluto
Answer: (A) Pluto
In 2006, the International Astronomical Union (IAU) redefined the term "planet" and reclassified Pluto as a dwarf planet, which is a distinct category of celestial body. This decision was made after the discovery of several other objects in the Kuiper Belt that were similar in size and composition to Pluto.
In 2006, the International Astronomical Union (IAU) redefined the term "planet" and reclassified Pluto as a dwarf planet, which is a distinct category of celestial body. This decision was made after the discovery of several other objects in the Kuiper Belt that were similar in size and composition to Pluto.
In 2006, the International Astronomical Union (IAU) redefined the term "planet" and reclassified Pluto as a dwarf planet, which is a distinct category of celestial body. This decision was made after the discovery of several other objects in the Kuiper Belt that were similar in size and composition to Pluto.
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