Banking Awareness Quiz For IBPS | RBI | SBI | NABARD | LIC | 05-11-2023

 

Dear Readers,

Banking Awareness has been an important part of various competitive exams, so we are here with a series of Banking Awareness quizzes on a daily basis on our platform. Follow the quiz daily to improve your banking awareness.

1-Which of the following is a key characteristic of a monopoly?

निम्नलिखित में से कौन सा एकाधिकार की प्रमुख विशेषता है?

A) Many firms competing

B) Price-taking behaviour

C) Identical products

D) Single seller with significant market power

E) Perfect competition

Answer: D

2-Oligopolistic firms often engage in price leadership to:

अल्पाधिकारी फर्में अक्सर मूल्य नेतृत्व में संलग्न होती हैं:

A) Promote competition

B) Lower prices

C) Reduce product differentiation

D) Coordinate pricing decisions

E) Encourage new entrants

Answer: D

3-In an oligopoly, firms tend to compete on factors other than price. What is this type of competition called?

अल्पाधिकार में, कंपनियां कीमत के अलावा अन्य कारकों पर प्रतिस्पर्धा करती हैं। इस प्रकार की प्रतियोगिता को क्या कहते हैं?

A) Perfect competition

B) Monopolistic competition

C) Non-price competition

D) Price war

E) Collusion

Answer: C

4-In a duopoly, there are typically how many dominant firms in the market?

एकाधिकार में, बाज़ार में आम तौर पर कितनी प्रमुख कंपनियाँ होती हैं?

A) None

B) One

C) Two

D) Many

E) Identical products

Answer: C

5-Monopolistic competition is characterized by:

एकाधिकार प्रतियोगिता की विशेषता है:

A) Identical products and perfect competition

B) A single seller dominating the market

C) A few firms producing identical products

D) Product differentiation and many sellers

E) Collusion among firms

Answer: D.

6-What is a natural barrier to entry into a monopoly?

एकाधिकार में प्रवेश के लिए प्राकृतिक बाधा क्या है?

A) Government regulation

B) Many competitors

C) High fixed costs

D) Identical products

E) Perfect competition

Answer: C

7-In an oligopoly, when firms collude to set prices, it is known as:

अल्पाधिकार में, जब कंपनियाँ कीमतें निर्धारित करने के लिए मिलीभगत करती हैं, तो इसे इस रूप में जाना जाता है:

A) Non-price competition

B) Price leadership

C) Price-taking behavior

D) Price wars

E) Cartel behavior

Answer: E

8-Which market structure is characterized by having a large number of sellers and identical products?

बड़ी संख्या में विक्रेताओं और समान उत्पादों की उपस्थिति किस बाज़ार संरचना की विशेषता है?

A) Monopoly

B) Oligopoly

C) Monopolistic competition

D) Perfect competition

E) Duopoly

Answer: D

9-Oligopoly is often associated with interdependence among firms, meaning they:

अल्पाधिकार अक्सर कंपनियों के बीच परस्पर निर्भरता से जुड़ा होता है, जिसका अर्थ है:

A) Do not react to each other's actions

B) Act independently of other firms

C) Act without competition

D) React to each other's actions

E) Collude to set prices

Answer: D

10-In a duopoly, the two firms may engage in:

एकाधिकार में, दोनों कंपनियां इसमें संलग्न हो सकती हैं:

A) Perfect competition

B) Non-price competition

C) Price wars

D) Cartel behavior

E) Collusion to set prices

Answer: B