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With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? for UPSC 2024 is part of UPSC preparation. The Question and answers have been prepared
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the UPSC exam syllabus. Information about With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2024 Exam.
Find important definitions, questions, meanings, examples, exercises and tests below for With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer?.
Solutions for With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for UPSC.
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Here you can find the meaning of With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice With reference to various pricing mechanisms, which of the following statements is not correct?a)Market price refers to the price at which the assets, products, and services are bought and sold.b)Control Price is the technique of establishing a lower limit or upper limit of the selling price of specified goods and services.c)An administered price is the price of a good or service as dictated by a government or centralized authority.d)Recommendation of price levels for wheat and rice by the Commission for Agriculture Costs and Prices (CACP) is an example of market price.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice UPSC tests.