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SSC CGL 2019 PYQ — Question 33

SSC CGL - 12th June 2019 - Shift 3 • General Awareness • Q33

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A marketplace in which a final good or service is bought and sold is called ________.

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Correct answer: D

Explanation

The correct answer is option 4 i.e. Product Market.

What is the Product Market?       
  • Focusing on the sale of finished goods, it does not include trading in raw or other intermediate materials.
  • For example the market for airline travel; smart-phones, new cars; pharmaceutical products, and the markets for financial services such as banking, mortgages, and pensions.