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Topic Monopolistic competition
Asked 3 times in CDS over 8 years (2014–2022), peaking in 2014.
Key insights
- Most tested in CDS — 3 of 3 PYQs
- Most asked in 2014
- Recurs across 3 years (2014–2022)
Across exams
CDS · 3How the concept evolved
Rising — more than half its appearances (2 of 3) 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.
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
CDS2021
Which one of the following is a typical example of monopolistic competition?
- A Retail vegetable markets
- B Market for soaps ✓
- C Indian Railways
- D Labour market for software engineers
✓ Correct answer: (B)
Economy › Macroeconomics
CDS2014
A market in which there are large numbers of sellers of a particular product, but each seller sells somewhat differentiated but close products is termed as
- A Perfect competition
- B Monopoly
- C Monopolistic competition ✓
- D Oligopoly
✓ Correct answer: (C)
Economy › Macroeconomics
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