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 currency of UAE?
Q1. What is the currency of UAE?
(A) Euro
(A) Euro
(A) Euro
(B) Dollar
(B) Dollar
(B) Dollar
(C) Riyal
(C) Riyal
(C) Riyal
(D) Dirham
(D) Dirham
(D) Dirham
Answer: (D) Dirham
Answer: (D) Dirham
Answer: (D) Dirham
The Emirati Dirham is the official currency of the UAE, abbreviated officially as AED. Unofficial abbreviations include Dh and Dhs. The dirham is subdivided into 100 fils.
The Emirati Dirham is the official currency of the UAE, abbreviated officially as AED. Unofficial abbreviations include Dh and Dhs. The dirham is subdivided into 100 fils.
The Emirati Dirham is the official currency of the UAE, abbreviated officially as AED. Unofficial abbreviations include Dh and Dhs. The dirham is subdivided into 100 fils.
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Q2. What is the term for all positive and negative numbers as a whole including zero?
Q2. What is the term for all positive and negative numbers as a whole including zero?
(A) Real Numbers
(A) Real Numbers
(A) Real Numbers
(B) Natural Numbers
(B) Natural Numbers
(B) Natural Numbers
(C) Whole Numbers
(C) Whole Numbers
(C) Whole Numbers
(D) Integer Numbers
(D) Integer Numbers
(D) Integer Numbers
Answer: (D) Integer Numbers
Answer: (D) Integer Numbers
Answer: (D) Integer Numbers
Integers
Integers
Integers
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Q3. National Institute of Homeopathy is located at -
Q3. National Institute of Homeopathy is located at -
(A) Kolkata
(A) Kolkata
(A) Kolkata
(B) Jaipur
(B) Jaipur
(B) Jaipur
(C) Chennai
(C) Chennai
(C) Chennai
(D) Bengalure
(D) Bengalure
(D) Bengalure
Answer: (A) Kolkata
Answer: (A) Kolkata
Answer: (A) Kolkata
National Institute of Homoeopathy is located in the most planned and developed area of Salt Lake city of Kolkata. It is an autonomous organisation under the Ministry of Ayush, Government of India.
National Institute of Homeopathy was established on 10 December 1975 as an autonomous organisation under the Ministry of Health and Family Welfare. It was located at Amherst Street, Kolkata and later shifted to the present location.
National Institute of Homoeopathy is located in the most planned and developed area of Salt Lake city of Kolkata. It is an autonomous organisation under the Ministry of Ayush, Government of India. National Institute of Homeopathy was established on 10 December 1975 as an autonomous organisation under the Ministry of Health and Family Welfare. It was located at Amherst Street, Kolkata and later shifted to the present location.
National Institute of Homoeopathy is located in the most planned and developed area of Salt Lake city of Kolkata. It is an autonomous organisation under the Ministry of Ayush, Government of India. National Institute of Homeopathy was established on 10 December 1975 as an autonomous organisation under the Ministry of Health and Family Welfare. It was located at Amherst Street, Kolkata and later shifted to the present location.
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Q4. What is the full form of MRP?
Q4. What is the full form of MRP?
(A) Maximum Rating Price
(A) Maximum Rating Price
(A) Maximum Rating Price
(B) Maximum Retail Price
(B) Maximum Retail Price
(B) Maximum Retail Price
(C) Minimum Retail Price
(C) Minimum Retail Price
(C) Minimum Retail Price
(D) Multiple Retail Price
(D) Multiple Retail Price
(D) Multiple Retail Price
Answer: (B) Maximum Retail Price
Answer: (B) Maximum Retail Price
Answer: (B) Maximum Retail Price
MRP stands for Maximum Retail Price. It is the highest price that a manufacturer can set for a product that is sold in India, Indonesia, and Bangladesh. The MRP is usually printed on the product's packaging, and consumers can use it to make sure they aren't being overcharged.
MRP stands for Maximum Retail Price. It is the highest price that a manufacturer can set for a product that is sold in India, Indonesia, and Bangladesh. The MRP is usually printed on the product's packaging, and consumers can use it to make sure they aren't being overcharged.
MRP stands for Maximum Retail Price. It is the highest price that a manufacturer can set for a product that is sold in India, Indonesia, and Bangladesh. The MRP is usually printed on the product's packaging, and consumers can use it to make sure they aren't being overcharged.
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Q5. When is the World Food Day observed?
Q5. When is the World Food Day observed?
(A) October 16
(A) October 16
(A) October 16
(B) September 28
(B) September 28
(B) September 28
(C) November 1
(C) November 1
(C) November 1
(D) August 22
(D) August 22
(D) August 22
Answer: (A) October 16
Answer: (A) October 16
Answer: (A) October 16
World Food Day is an international day celebrated every year worldwide on October 16 to commemorate the date of the founding of the United Nations Food and Agriculture Organization in 1945. World Food Day was first held on 16 Oct 1981.
World Food Day is an international day celebrated every year worldwide on October 16 to commemorate the date of the founding of the United Nations Food and Agriculture Organization in 1945. World Food Day was first held on 16 Oct 1981.
World Food Day is an international day celebrated every year worldwide on October 16 to commemorate the date of the founding of the United Nations Food and Agriculture Organization in 1945. World Food Day was first held on 16 Oct 1981.
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Q6. What is the smallest country in the world, both in terms of population and land area?
Q6. What is the smallest country in the world, both in terms of population and land area?
(A) Vatican City
(A) Vatican City
(A) Vatican City
(B) Monaco
(B) Monaco
(B) Monaco
(C) Nauru
(C) Nauru
(C) Nauru
(D) Tuvalu
(D) Tuvalu
(D) Tuvalu
Answer: (A) Vatican City
Answer: (A) Vatican City
Answer: (A) Vatican City
Vatican City is the smallest country in the world, with a population of just over 800 people and a land area of approximately 110 acres (0.44 square kilometers).
Vatican City is the smallest country in the world, with a population of just over 800 people and a land area of approximately 110 acres (0.44 square kilometers).
Vatican City is the smallest country in the world, with a population of just over 800 people and a land area of approximately 110 acres (0.44 square kilometers).
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Q7. Which ancient Assamese kingdom was known for its rich cultural heritage and was ruled by the Varman dynasty?
Q7. Which ancient Assamese kingdom was known for its rich cultural heritage and was ruled by the Varman dynasty?
(A) Kamrup Kingdom
(A) Kamrup Kingdom
(A) Kamrup Kingdom
(B) Kamarupa Kingdom
(B) Kamarupa Kingdom
(B) Kamarupa Kingdom
(C) Koch Kingdom
(C) Koch Kingdom
(C) Koch Kingdom
(D) Ahom Kingdom
(D) Ahom Kingdom
(D) Ahom Kingdom
Answer: (B) Kamarupa Kingdom
Answer: (B) Kamarupa Kingdom
Answer: (B) Kamarupa Kingdom
The Kamarupa Kingdom was an ancient Assamese kingdom that existed from the 4th to the 12th century. It was known for its rich cultural heritage, including its art, literature, and architecture. The kingdom was ruled by the Varman dynasty and was a major center of learning and culture in ancient India. The Varman dynasty ruled the Kamarupa kingdom of Assam from 350–655 CE.
The Kamarupa Kingdom was an ancient Assamese kingdom that existed from the 4th to the 12th century. It was known for its rich cultural heritage, including its art, literature, and architecture. The kingdom was ruled by the Varman dynasty and was a major center of learning and culture in ancient India. The Varman dynasty ruled the Kamarupa kingdom of Assam from 350–655 CE.
The Kamarupa Kingdom was an ancient Assamese kingdom that existed from the 4th to the 12th century. It was known for its rich cultural heritage, including its art, literature, and architecture. The kingdom was ruled by the Varman dynasty and was a major center of learning and culture in ancient India. The Varman dynasty ruled the Kamarupa kingdom of Assam from 350–655 CE.
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Q8. Kavaratti, an island town, is the capital of which Indian union territory?
Q8. Kavaratti, an island town, is the capital of which Indian union territory?
(A) Lakshadweep
(A) Lakshadweep
(A) Lakshadweep
(B) Andaman and Nicobar Islands
(B) Andaman and Nicobar Islands
(B) Andaman and Nicobar Islands
(C) Daman and Diu
(C) Daman and Diu
(C) Daman and Diu
(D) New Delhi
(D) New Delhi
(D) New Delhi
Answer: (A) Lakshadweep
Answer: (A) Lakshadweep
Answer: (A) Lakshadweep
Kavaratti is the capital of the Union Territory of Lakshadweep in India. Kavaratti is a census town as well as the name of the atoll upon which the town stands. It is well known for its pristine white sand beaches and calm lagoons, which makes it a popular tourist destination.
Kavaratti is the capital of the Union Territory of Lakshadweep in India. Kavaratti is a census town as well as the name of the atoll upon which the town stands. It is well known for its pristine white sand beaches and calm lagoons, which makes it a popular tourist destination.
Kavaratti is the capital of the Union Territory of Lakshadweep in India. Kavaratti is a census town as well as the name of the atoll upon which the town stands. It is well known for its pristine white sand beaches and calm lagoons, which makes it a popular tourist destination.
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Q9. Knockout and Knockdown are the terms related to which sport?
Q9. Knockout and Knockdown are the terms related to which sport?
(A) Hockey
(A) Hockey
(A) Hockey
(B) Boxing
(B) Boxing
(B) Boxing
(C) Cricket
(C) Cricket
(C) Cricket
(D) Badminton
(D) Badminton
(D) Badminton
Answer: (B) Boxing
Answer: (B) Boxing
Answer: (B) Boxing
Knockdown and Knockout are the terminology of boxing. A knockdown happens when a boxer tumbles to the ground of the boxing ring as a result of a blow from the rival. A knockout is an automatic win for the opponent, and refers to a player being knocked down for more than 10 seconds. The referee will start counting down from 10 once a player has been knocked down, and the player has to regain his position in order to continue the round.
Knockdown and Knockout are the terminology of boxing. A knockdown happens when a boxer tumbles to the ground of the boxing ring as a result of a blow from the rival. A knockout is an automatic win for the opponent, and refers to a player being knocked down for more than 10 seconds. The referee will start counting down from 10 once a player has been knocked down, and the player has to regain his position in order to continue the round.
Knockdown and Knockout are the terminology of boxing. A knockdown happens when a boxer tumbles to the ground of the boxing ring as a result of a blow from the rival. A knockout is an automatic win for the opponent, and refers to a player being knocked down for more than 10 seconds. The referee will start counting down from 10 once a player has been knocked down, and the player has to regain his position in order to continue the round.
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Q10. Which planet in our solar system has rings?
Q10. Which planet in our solar system has rings?
(A) Jupiter
(A) Jupiter
(A) Jupiter
(B) Saturn
(B) Saturn
(B) Saturn
(C) Uranus
(C) Uranus
(C) Uranus
(D) Neptune
(D) Neptune
(D) Neptune
Answer: (B) Saturn
Answer: (B) Saturn
Answer: (B) Saturn
Saturn's ring system is one of the most extensive and visible in our solar system, composed of seven main rings and numerous smaller ringlets. The rings are made up of ice particles and rock debris.
Saturn's ring system is one of the most extensive and visible in our solar system, composed of seven main rings and numerous smaller ringlets. The rings are made up of ice particles and rock debris.
Saturn's ring system is one of the most extensive and visible in our solar system, composed of seven main rings and numerous smaller ringlets. The rings are made up of ice particles and rock debris.
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