New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    Market is one where the produce is either finally

    disposed of to the consumers or processors, or assembled for export is known as ………….
    A Secondary wholesale Markets Correct Answer Incorrect Answer
    B Terminal Markets Correct Answer Incorrect Answer
    C Seaboard Markets Correct Answer Incorrect Answer
    D Village Markets Correct Answer Incorrect Answer

    Solution

    Terminal Markets : A terminal market is one where the produce is either finally disposed of to the consumers or processors, or assembled for export. Merchants are well organized and use modern methods of marketing. Commodity exchanges exist in these markets, which provide facilities, for forward trading in specific commodities. Such markets are located either in metropolitan cities or in sea-ports – in Bombay, Madras, Calcutta and Delhi.

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