Question

Match the LIST I with LIST II 

LIST-I	LIST-II
A. Retail market	I. Books
B. Local market	II. World Trade Organization
C. World market	III. Final consumers
D. Capital market	IV. Village

Choose the correct answer from the options given below:

• A. A - I, B - II, C - III, D - IV
• B. A - I, B - III, C - II, D - IV
• C. A - III, B - IV, C - II, D - I
• D. A - III, B - I, C - IV, D - II

Hint:

Focus on the clear matches first. Retail markets serve final consumers, and local markets are village-level. This will help you eliminate incorrect answer choices.

Answer 1

The Correct Option is C

Matching market types to their examples/scope:

A. Retail market: Goods are sold directly to Final consumers. Therefore, A corresponds to III.
B. Local market: Confined to a small area, like a Village. Thus, B corresponds to IV.
C. World market: Involves international trade, overseen by the World Trade Organization. Hence, C corresponds to II.
D. Capital market: Deals with financial assets. While 'Books' isn't ideal, it could refer to financial records. It's the most relevant option provided, though 'stocks' or 'bonds' would be better. Assuming reference to financial accounting. Therefore, D corresponds to I.
The correct sequence: A-III, B-IV, C-II, D-I.