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Topic Market structure
Asked 6 times across 2 UPSC exams over 11 years (2014–2025), peaking in 2019.
Key insights
- Most tested in CDS — 4 of 6 PYQs
- Most asked in 2019
- Recurs across 4 years (2014–2025)
How it travelled across exams
First appearance in each exam — the same idea, reframed.
CDS 2014 → CAPF 2019
How the concept evolved
Rising — more than half its appearances (5 of 6) are since 2016.
Related concepts
Ideas UPSC tests alongside this one — keep exploring.
Sample questions
You've seen the pattern — here are a few of the actual PYQs.
CAPF2025
Which of the following statements about the relationship between price elasticity of demand and type of firm is/are correct?
- Perfectly elastic demand is associated with a competitive firm
- Perfectly inelastic demand is associated with a monopolistically competitive firm. Select the answer
using the code given below.
- A 1 only
- B 2 only
- C Both 1 and 2
- D Neither 1 nor 2
Answer key not yet available (pending official release)
Economy › Macroeconomics
CDS2025
Which one among the following pairs of type of firm and feature is not correctly matched ?
- A Oligopoly firm : Interdependence in decision-making
- B Monopolistic firm : Firm is a price setter
- C Monopoly firm : Produces an efficient level of output
- D Perfectly competitive firm : Produces socially optimum output
Answer key not yet available (pending official release)
Economy › Macroeconomics
CDS2022
Which of the following factors signify monopolistic competition ?
- Differentiated products
- Large number of buyers and sellers
- Barriers to entry
- Homogeneous products
Select the correct answer using the code given below :
- A 1 and 2 only ✓
- B 1, 2 and 3 only
- C 3 and 4 only
- D 2 and 4 only
✓ Correct answer: (A)
Economy › Macroeconomics
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