Solved UPSC CDS/OTA Question
A solved UPSC CDS/OTA PYQ — decoded step-by-step.
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Q · Market and Types of GoodsMedium · 45s
Which of the following is NOT a feature of an oligopoly?
TopicMarket and Types of Goods
Question Typemultiple choice
DifficultyMedium
Marking+1 / −0.33
Test Duration30 min
Step-by-Step Solution
The complete worked solution.
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Oligopoly involves few sellers, interdependence, and often price rigidity but not perfect information.
Final Answer: Option D — Perfect knowledge about prices