Consider the following statements regarding rural markets:
i. Small number of small markets
ii. Poor availability of suitable dealers
iii. Low density of shops per village and high variation in their concentration
iv. Inadequate bank and credit facilities to rural retailersWhich statement is incorrect?

Question

Quizplus · Accepted Answer

The incorrect statement is i. Rural markets typically consist of a large number of small markets rather than a small number. This reflects the geographical dispersion and the diverse nature of rural areas.

Consider the Following Statements Regarding Rural Markets