Fundamentals of Economics

Q 101. The rate at which the commercial banks borrow from the RBI is called as __________

(A) REPO
(B) PLR
(C) BPLR
(D) Bank Rate
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Q 102. _______ means absence of competition.

(A) Monopoly
(B) Perfect
(C) Imperfect
(D) Oligopoly
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Q 103. On the basis of competition, markets are classified into __________ types.

(A) 2
(B) 3
(C) 4
(D) 5
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Q 104. Economics of scales are divided into ________ types.

(A) 2
(B) 3
(C) 4
(D) 5
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