Question

Many a times, surge in the prices of onion and pulses is caused by which of the following factors

• A. Cartelization
• B. Hoarding
• C. Speculation
• D. All of the above

Answer 1

The correct option is D All of the above

<!--td {border: 1px solid #ccc;}br {mso-data-placement:same-cell;}--> Cartelization involves a group of influential companies or individuals who come together for their own personal profit or to disrupt the market for a rival big company or cartel.

Hoarding is the purchase and warehousing of large quantities of a commodity by a speculator with the intent of benefiting from future price increases. The term hoarding is most frequently applied to buying commodities, especially gold. However, hoarding is sometimes used in other economic contexts.