Q. Why do government regulate monopolies?
✅ Correct Answer: (D)
all of these
Industrial Economics MCQs and Notes
Q. Which market structure is characterized with one seller and large number of buyers?
✅ Correct Answer: (B)
monopoly
Q. Which international organisation had offered financial assistance to India during late 1980s?
✅ Correct Answer: (A)
imf and world bank
Q. Which among the following was introduced due to the Structural Adjustment Program?
✅ Correct Answer: (A)
new economic policy
Q. What is meant by privatization?
✅ Correct Answer: (B)
allowing more private investment
Q. What is meant by liberalization?
✅ Correct Answer: (C)
opening and liberalizing the economy
Q. What is meant by globalization?
✅ Correct Answer: (A)
integrating world into a global village
Q. Which of these measures were not taken under LPG?
✅ Correct Answer: (D)
monopoly trade practices
Q. Which one of the following does not come under NEP?
✅ Correct Answer: (D)
socialization
Q. What causes adverse selection problem?
✅ Correct Answer: (B)
asymmetric information