Question
A market which is dominated by a small number of firms
and together they control majority of the market share is called?Solution
Oligopoly markets are markets dominated by a small number of suppliers. They can be found in all countries and across a broad range of sectors. Some oligopoly markets are competitive, while others are significantly less so, or can at least appear that way.
OmanSat-1, Oman’s first national communications satellite, operates in which frequency band?Â
In response to the AI safety challenges, which two countries agreed to jointly develop tests for advanced AI models in 2024?Â
Under which constitutional article does the Government of India allocate the Post Devolution Revenue Deficit Grant (PDRD) to the states?
Which company has PhonePe partnered with to enable contactless payments for Indian travellers in Sri Lanka?
What is the length of the new dry dock at Cochin Shipyard that will be used to construct large vessels under the collaboration?
How many Indonesian Armed Forces personnel participated in India’s 2025 Republic Day parade?
Which of these Payments Banks have launched a new feature Face Authentication for opening Savings Bank Accounts?
What was the total number of UPI transactions recorded in India during May 2025?
What was India’s Wholesale Price Inflation (WPI) in August, recorded as a four-month high?
Consider the Following states about “Anchal Abhiyan”:
I. This Abhiyan has been launched in Haryana.
II. The Abhiyan is about...
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