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

Answers were Sorted based on User's Feedback



Seller?s market denotes a situation where 1 Demand exceeds supply 2 Supply exceeds demand. ..

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

Seller?s market denotes a situation where 1 Demand exceeds supply 2 Supply exceeds demand. ..

Answer / sourish mittal

demand exceeds supply

Is This Answer Correct ?    6 Yes 0 No

Post New Answer

More General Knowledge_Current Affairs Interview Questions

The first discourse of Buddha in Sarnath is called (a) Mahabhiniskraman (b) Mahaparinirvana (c) Mahamastakabhisheka (d) Dharmachakrapravartan

1 Answers  


The newly-elected Prime Minister of Nepal could not vote in a special election as 1 He is facing a charge of misuse of his position 2 He misplaced his identity card issued by the Election Commission 3 He reached a little late for voting 4 His name was not found in the voter?s list

1 Answers  


Which one of the following is not a statutory body? (A) Election Commission (B) Finance Commission (C) Planning Commission (D) Union Public Service Commission

3 Answers   BEd, Election Commission of India, Finance Commission, ISRO, SSC,


. Which of the following were the main objectives of the Khilafat Movement? 1. To rouse Anti-British feelings among the Muslims of India 2. To reform the Muslim Society 3. To demand separate electorates and preserve the Khilafat. 4. To save the Ottoman empire and preserve the Khilafat. Choose the correct answer from the codes given below: Codes: (a) 1 and 2 (b) 2 and 3 (c) 3 and 4 (d) 1 and 4

2 Answers  


Growth of credit in agriculture, despite its priority sector status, has remained a persistent problem in the economy. According to the RBI, domestic banks must allocate what percent of their advances to the agricultural sector (including direct and indirect finances)? (1) 8% (2) 12% (3) 15% (4) 18% (5) None of these

1 Answers  






Which one of the following rivers flows towards the north? (a) Krishna (b) Chambal (c) Narmada (d) Tapti

11 Answers   Allianz, Chambal Fertilisers,


On a daily requirement basis, which one of the following is required in largest quantity by the human body? 1 Vitamin A (Retinol) 2 Vitamin B2 (Riboflavin) 3 Vitamin B4 (Niacin) 4 Vitamin C (Ascorbic Acid)

1 Answers  


On the basis of Purchasing Power Parity (PPP), India is the third largest spender on Defence behind (a) USA & China (b) Pakistan & Iran (c) Israel & North Korea (d) Russia & USA

1 Answers  


Whom did Brazil beat in the FIFA World Cup Football final in the year 2002? 1 England 2 France 3 Germany 4 Nigeria

1 Answers  


The characteristic features of Hinduism, as we understand it now, had developed by the time of the: (a) Nandas (b) Guptas (c) Mauryas (d) Satavahanas

1 Answers  


Which colour has the maximum scattering power? (A) Indigo (B) Red (C) Green (D) Violet

35 Answers   BSRB, State Bank Of India SBI,


The farm income insurance scheme announced by the Union Government is presently being run in how many districts? 1 20 2 50 3 100 4 150

1 Answers  


Categories