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General Knowledge - General Knowledge:

General Knowledge

MCQ - 762-6021

Question:

Free market is

  1. a condition in the international market where nations do not impose customs duty or other taxes on import of goods
  2. market where the price of a commodity is determined by free play of the forces of supply and demand
  3. ports that are exempted from payment of customs duty on articles of commerce, primarily to encourage tourism
  4. market where the price of a commodity is determined by free play of the forces of supply and demand

Correct Answer: B

Explanation:

Not available

Record Performance

2091 MCQ for effective preparation of the test of General Knowledge of General Knowledge section.

Read the MCQ statement: Free market is, keenly and apply the method you have learn through the video lessons for General Knowledge to give the answer. Record your answer and check its correct answer and video explanation for MCQ No. 762-6021.

How to Answer

Solve the question for MCQ No. and decide which option (A through D/E) is the best choice to answer the MCQ, then click/tap the blue button to view the correct answer and it explanation.

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