MCQ
Choose the incorrect statement
- APrime minister’s crop insurance scheme was launched on 2016
- BNew industrial policy was established on 1991
- CKisan credit card was introduced by RBI and NABARD
- ✓Goods and Services Tax was introduced in 2015
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| a) | Mono poly | 1) | Few seller |
| b) | Duopoly | 2) | Single buyer |
| c) | Oligopoly | 3) | Single seller |
| d) | Monopsony | 4) | Two seller |
| a) | The transaction motive | Mt=f(y) | |
| b) | The precautionary motive | Mp=f(y) | |
| c) | The speculative motive | Ms=f(i) | |
| d) | Total demand for money | Mt+Mp | |