Question
The global smartphone market is dominated by a few major
players like Apple, Samsung, and a few Chinese brands. These companies engage in intense competition, often introducing new models with innovative features to capture market share. Which market structure best describes the global smartphone market?Solution
The global smartphone market is an oligopoly because it is dominated by a few large firms that have significant market power and engage in strategic competition with each other.
The Constitution of India Article ______ provides for an independent office of the Comptroller & Auditor General of India (CAG).
It was an erstwhile princely state ruled by Chogyal dynasty. It became a ‘protectorate’ of India in 1947 after the lapse of British paramountcy. It ...
What is the typical ratio of members from the Lok Sabha to the Rajya Sabha in most joint Standing Committees of Parliament?
In India, who has the authority to pardon, reprieve, or commute sentences?
Who was the first Deputy Prime Minister of India?
What are the minimum qualifications of a person to become a member of Lok Sabha?
I. Must be a citizen of India
II. Must not be less th...
Which Five-Year Plan in India was formulated based on the Gadgil Formula?
Which individual has served as India’s Vice President for two separate terms?
Which of the following statements regarding constitutional amendment is/are correct?
1. The procedure for amendment to the Constitution is provid...
Consider the following statements with respect to Fundamental Duties:
1. The Fundamental Duties were inspired by the Constitution of the USA.
...
