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  • Question
  • Capitalism falls under _ economic system?


  • Options
  • A. Market
  • B. Planned
  • C. Command
  • D. Mixed

  • Correct Answer
  • Market 

    Explanation

    Capitalism is an economic system in which private individuals or businesses own capital goods i.e, economy is characterized by private ownership of the means of production. The production of goods and services is based on supply and demand in the general market known as a market economy and not on central planning known as a planned economy.

  • Tags: AIEEE, Bank Exams, CAT, Analyst, Bank Clerk, Bank PO

    More questions

    • 1. When were bar code scanners invented?

    • Options
    • A. 1940s
    • B. 1950s
    • C. 1970s
    • D. 1960s
    • Discuss
    • 2. The soil found in areas of heavy rainfall and high humidity, where there is good growth of vegetation is

    • Options
    • A. peat and marshy soil
    • B. saline and alkaline soil
    • C. black soil
    • D. alluvial soil
    • Discuss
    • 3. Pigmentation of skin is due to

    • Options
    • A. lymphocytes
    • B. monocytes
    • C. leucocytes
    • D. melanocytes
    • Discuss
    • 4. Guwahati High Court is the judicature of

    • Options
    • A. Nagaland
    • B. Arunachal Pradesh
    • C. Assam
    • D. All of the above
    • Discuss
    • 5. The group of metals Fe, Co, Ni may best called as

    • Options
    • A. transition metals
    • B. main group metals
    • C. alkali metals
    • D. rare metals
    • Discuss
    • 6. 'Kathakali' is a folk dance prevalent in which state?

    • Options
    • A. Karnataka
    • B. Orissa
    • C. Kerala
    • D. Manipur
    • Discuss
    • 7. Sergei Bubhka, an athlete of international repute, belongs to which of the following countries?

    • Options
    • A. Ukraine
    • B. Brazil
    • C. Russia
    • D. U.S.A
    • Discuss
    • 8. Headquarters of the World Health Organisation is located at

    • Options
    • A. Geneva
    • B. Washington DC
    • C. New York
    • D. Rome
    • Discuss
    • 9. Let a thin capillary tube be replaced with another tube of insufficient length then, we find water

    • Options
    • A. will overflow
    • B. will not rise
    • C. depressed
    • D. change its meniscus
    • Discuss
    • 10. Mirage is due to

    • Options
    • A. unequal heating of different parts of the atmosphere
    • B. magnetic disturbances in the atmosphere
    • C. depletion of ozone layer in the atmosphere
    • D. equal heating of different parts of the atmosphere
    • Discuss


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