Industrial Economics MCQs and Notes

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 1. Why do government regulate monopolies?

(A) prevent excess prices

(B) promote competition

(C) promote welfare

(D) all of these

R

Ranjeet • 34.60K Points
Instructor I

Q 2. Which market structure is characterized with one seller and large number of buyers?

(A) oligopoly

(B) monopoly

(C) monopolistic competition

(D) duopoly

P

Priyanka Tomar • 35.28K Points
Coach

Q 3. Which international organisation had offered financial assistance to India during late 1980s?

(A) imf and world bank

(B) industrial finance corporation

(C) international labour organization

(D) food and agricultural organization

V

Vijay Sangwan • 28.62K Points
Instructor II

Q 4. Which among the following was introduced due to the Structural Adjustment Program?

(A) new economic policy

(B) new education policy

(C) industrial policy

(D) national health policy

V

Vikash Gupta • 33.56K Points
Instructor I

Q 5. What is meant by privatization?

(A) integrating world into a global village

(B) allowing more private investment

(C) opening and liberalizing the economy

(D) none of these

R

Ram Sharma • 193.86K Points
Coach

Q 6. What is meant by liberalization?

(A) integrating world into a global village

(B) allowing more private investment

(C) opening and liberalizing the economy

(D) none of these

P

Priyanka Tomar • 35.28K Points
Coach

Q 7. What is meant by globalization?

(A) integrating world into a global village

(B) allowing more private investment

(C) opening and liberalizing the economy

(D) none of these

V

Vikash Gupta • 33.56K Points
Instructor I

Q 8. Which of these measures were not taken under LPG?

(A) disinvestment

(B) devaluation

(C) allowing fdi

(D) monopoly trade practices

R

Rakesh Kumar • 28.44K Points
Instructor II

Q 9. Which one of the following does not come under NEP?

(A) liberalization

(B) globalization

(C) privatization

(D) socialization

G

Gopal Sharma • 38.32K Points
Coach

Q 10. What causes adverse selection problem?

(A) symmetric information

(B) asymmetric information

(C) none of these

(D) lack of demand and supply