Indian Economics MCQ (GK Set-1) with Answers

Indian Economics MCQ (GK Set-1) with Answers

91) Which one of the following come under the category of Veblen goods?

Answer is:

Conspicuous goods

92) Which of the following pricing strategies require auctioning for prices:

Answer is:

Tender Pricing

93) Which of the following is the fastest category of individuals to adopt an innovation?

Answer is:

Innovators

94) Which of the following goods come under the capacity of Niche Marketing?

Answer is:

Industrial Goods

95) Which of the following statements about Services is not true?

Answer is:

Ownership is transferred during Service

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