Who are seller in the weekly marketa)Businessmenb)Large sellersc)Small tradersd)IndustrialistCorrect answer is option 'C'. Can you explain this answer?

EduRev

All Courses

Explore Courses UPSC Exam UPSC Test Series Free Notes EduRev Infinity

Open App

UPSC Exam > UPSC Questions > Who are seller in the weekly marketa)Business...

Join the Discussion on the App

Who are seller in the weekly market

a)
Businessmen
b)
Large sellers
c)
Small traders
d)
Industrialist

Correct answer is option 'C'. Can you explain this answer?

FREE This question is part of

Test: Market Around Us

Attempt Test

Attempt this Test

Verified Answer

Who are seller in the weekly marketa)Businessmenb)Large sellersc)Small...

Yes, small traders are typically the sellers in a weekly market. A weekly market is a type of open-air marketplace that is held on a regular basis, usually once a week. The sellers in a weekly market are usually small traders, farmers, and other individuals who sell a variety of goods and produce, such as fresh fruits and vegetables, household items, clothing, handmade crafts, and other products. These sellers may operate on a regular basis at the same location or may move from place to place to sell their goods. Weekly markets are a common feature in many communities and are a popular destination for both locals and tourists.

View all questions of this test

View all answers Start learning for free

< Previous Question Next Question >

Explore Courses for UPSC exam

Similar UPSC Doubts

Seller of weekly market earn ___ than the seller of the mall

View answer

On 1st April, 2011 Gobind purchased 4 cars from Hindustan Motor Co. on hire-purchase system. The cash price of each car was₹2,00,000. He was to pay 25% immediately and the balance in five yearly instalments together with interest at 10% p.a. Gobind depreciates the cars @20% p.a. on diminishing balance method.After paying the two instalments, Gopal could not pay the third instalment and seller took possession of 3 cars at an agreed value of be calculated after deducting 25% from the amount paid by Gobind against these 3 cars. Seller after spending₹ 12,500 on repairing, sold away all the three cars for₹2,80,000. Preparenecessary ledger accounts in the books of both the parties. Accounts are closed on 31st?

View answer

The main benefit to the economy from an active stock market is the ready availability of risk capital for investment in equities through the primary market. For that risk capital be readily available. Investors need to have an easy exit route. A liquid secondary market provides an easy exit route through the active involvement of buyers and sellers. It does not matter whether these buyers and sellers have short or long term investment horizons. Liquidity in the market is enhanced by leveraged players who either borrow to play the market or achieve a similar result through futures contracts whose economic value includes financing costs. Short sellers confer a similar benefit by borrowing stock or achieving the same result through futures contracts.Q. Which of the following inference(s) is/are definitely true?

View answer

Consider the following statements:1. Chain of markets is a series of markets in which products pass from one market to another.2. The people in between the producer and the final consumer are the traders.3. The trader who finally sells products to the consumer is called the wholesale trader.Which of the statements given above is/are correct?

View answer

Perfect competition means

View answer

Top Courses for UPSCView all

Current Affairs & Hindu Analysis: Daily, Weekly & Monthly

History for UPSC CSE

Lucent for GK

Indian Polity for UPSC CSE

CSAT Preparation