What is the full form of "FMCG"?

A. Fast-Moving Consumer Goods

B. Frequently Moving Commodity Goods

C. Fast Moving Commodity Grains

D. Fiscal Market and Commodity Gains

Answer: Option A

Solution(By Examveda Team)

Fast-moving consumer goods are products that sell quickly at relatively low cost. These goods are also called consumer packaged goods.
FMCGs have a short shelf life because of high consumer demand (e.g., soft drinks and confections) or because they are perishable (e.g., meat, dairy products, and baked goods). These goods are purchased frequently, are consumed rapidly, are priced low, and are sold in large quantities.