Seller?s market denotes a situation where
1 Demand exceeds supply
2 Supply exceeds demand.
3 Demand and supply are evenly balanced.
4 None of the above
- 2 Answers
- 8568 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / guest
(4) None of the above (Supply exceeds demand.) Seller?s
Market is a market in which goods are scarce, buyers have a
limited range of choice and prices are high.
| Is This Answer Correct ? | 15 Yes | 3 No |
ERP is an abbreviation for: (A) Engineering Resource Planning (B) Electronic Reading Pager (C) Enterprise Resource Planning (D) None of the above
Which fundamental right is concerned with abolition of social distinctions ? a) Right to equality b) Right to freedom of religion c) Right to against exploitation d) Cultural and Educational Rights
What is the magnitude of India’s defence expenditure as a percentage of GDP? 1 1.2% 2 1.5% 3 1.8% 4 .4%
A CD-ROM is: (A) an optical ROM (B) a magnetic ROM (C) an erasable ROM (D) None of these
Who is the author of the book ?Speed Post?? 1 Arun Shourie 2 Salman Rushdie 3 Shobha De 4 None of these
Which of the following Indians was awarded Legion Daward, the highest civilian award of France ? (a) Indira Gandhi (b) Jawaharlal Nehru (c) Mother Teresa (d) Satyajit Ray
Which form of phosphorus is used in safety matches? 1 White phosphorus 2 Yellow phosphorus 3 Red phosphorus 4 Black phosphorus
As per the Census 2001, the number of million plus cities in India is 1 20 2 24 3 35 4 52
When the Vice-President is officiating as President, he (a) Continues to receive the same salary as the Vice-President of India (b) Gets Rs. 500 more than his usual salary (c) Gets Rs. 1000 more than his usual salary (d) Gets the same emoluments and allowances and privileges which a President is entitled to
Why was INS Mysore recently in the news? 1 It is the warship recently included in the naval force 2 This is the ship which was converted into a museum and parked near Cochin 3 The ship was recently on a naval exercise with U.S.A?s Naval Force 4 None of these
. The basic reason for the extraordinary sparkle of a suitably cut diamond is that (a) It has a very high transparency (b) It has a very high refractive index (c) It is very hard (d) It has well-defined cleavage planes
Which of the following cities figure prominently in Meghaduta of Kalidasa? (a) Amaravati (b) Vaishali (c) Ujjaini (d) Taxila
UPSC 
