Question

Give two examples of monopoly in India?

Answer 1

Explanation:

Examples of monopolies in India - coal factory, railway, nuclear power, etc.

Answer 2

Answer:

Indian Railways & Coal are the two examples of monopoly in India.

Explanation:

Monopoly refers to the status where a company controls the majority percentage of the market share and owns the major trade. A monopoly in India is very diverse and there a lot of companies that are enjoying this status currently.

Indian Railways is arguably the most obvious monopoly in India it is the only railway corporation operating in this country. It is the provider of the majority of jobs in India.

Coal is also are well-known monopoly as it owns the majority of share in the coal market. As of 2018 Singareni Collieries and Coal India own 91.6% of the coal produced in India.