New 👉 Ask your RBI Grade B 2025 Preparation Queries Here!!

    Register

    Question

    Market is a place of

    ______.
    A Buying and selling takes place Correct Answer Incorrect Answer
    B Governemnt engage in exchange Correct Answer Incorrect Answer
    C Meeting place of Government officials Correct Answer Incorrect Answer
    D Area or region under construction Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    In economics, a market is a composition of systems, institutions, procedures, social relations or infrastructures whereby parties engage in exchange.

    Practice Next