The concept of 'Interoperability' in digital markets refers to:
A. The complete isolation of platforms
B. Only the proprietary control of all interfaces
C. The ability of different systems, platforms or services to work together and exchange information
D. Only the absence of any data sharing
Answer: Option C
Solution (By JKSSB Mock Tests)
Interoperability is the capacity of different digital systems or platforms to communicate, exchange data and use the exchanged information, which can reduce switching costs and increase contestability.
Explanation:
The semi-strong form of the efficient market hypothesis asserts that stock prices adjust rapidly to all publicly available information, so that neither technical nor fundamental analysis can yield abnormal returns.
Explanation:
The Mahalanobis model, used in the Second Five Year Plan, stressed the development of heavy and capital goods industries to build a strong industrial base.
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