Sources of Market Power

Q.

Why was it necessary for a developing country like India to follow self-reliance as a planning objective?

Q.

Those public sector undertakings which are making profits should be privatised. Do you agree with this view? Why?

Q.

Why and how was private sector regulated under the IPR 1956?

Q.

What is a copyright?

Q.

Discuss the reforms which have been initiated recently to meet the energy crisis in India.

Q. A bank normally does not have to deal with an issue related to___________.

1. Intellectual property rights
2. Payments and settlement systems
3. Contractual rights of creditors
4. Cases of insolvency

Q. In a monopoly market what is the degree of control over price by the firm?

1. No control at all.
2. Some control.
3. Very little.
4. Full control.

Q. Distinguish between the following:

1. Liberalisation and privatisation

2. Public sector and private sector

3. Agriculture and industry

Q. Software programs that allow you to legally copy files and give them away at no cost are called which of the following?

1. None of the above
2. Time sharing
3. Public domain
4. Shareware

Q. Match the following-

Group A	Group B
1. Water ways	a) Non-commercial energy
2. Thermal Power	b) Mass-communicating media
3. Railway	c) Cheapest
4. Newspapers	d) Universal education
5. Sarva Shiksha	e) Quickest
Abhiyan	f) Commercial energy
	g) Public-sector project

Q.

what measures have been taken for liberalisation in industrial sector and financial sectors of india?

Q. A monopoly firm makes more profit because _________.

1. it can discriminate price
2. it has ability to choose among price and output combination
3. it leave the consumer with no consumer surplus
4. it acts as a market leader

Q. Do you agree that an intelligent producer can avoid the occurrence of diminishing returns to a factor even with the existing technology?

Q. Define or explain the concepts-

1) Infrastructure

2) Communication

3) Internet

4) Atomic energy

5) Hydro-electricity

Q. In the situation of "Oligopoly" ______.

1. firms are not equally free to quit for any reason
2. Both (A) and (C)
3. firms are not free to enter an industry
4. firms are free to quit for any reason