Edzy
Single Answer MCQ
Q-00045553

How did the presence of Chinese toys affect the Indian market?

1

Led to higher prices of Indian toys

2

Increased sales for Indian toy makers

3

Provided consumers with cheaper alternatives

4

Reduced the availability of toys in India

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Sandeep Chaturvedi

Sandeep Chaturvedi

CBSE Social Science & Humanities Reviewer

Social science and humanities educator with 14+ years of experience reviewing CBSE SST, economics, commerce, arts, and vocational content.

M.A. HistoryM.A. Political ScienceB.Ed.

Answer and Solution

Answer

C. Provided consumers with cheaper alternatives

Solution:

The arrival of Chinese toys provided Indian consumers with cheaper alternatives, increasing competition in the market and ultimately lowering prices for toys.

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