Which of the following is a characteristic of the 'Attention Economy' business models of many digital platforms? MCQ with Answer and Explanation

Which of the following is a characteristic of the 'Attention Economy' business models of many digital platforms?
A. They only sell physical products
B. They never use advertising
C. They often provide services free of monetary charge and monetise user attention and data through advertising
D. They always charge users high monetary prices
Answer: Option C
Solution (By JKSSB Mock Tests)
Many digital platforms operate on a 'free' model in which users pay with their attention and personal data, which are then monetised primarily through targeted advertising.

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Practice More Economy Set 1 Questions

Question #1
The 'e-Pathshala' is an initiative for:
A. digital textbooks and learning resources
B. tax payment
C. railway reservation
D. online banking

Correct Answer: Option A


Explanation:
e-Pathshala provides digital textbooks and educational resources.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'net investment' is equal to gross investment minus:
A. consumption
B. savings
C. taxes
D. depreciation

Correct Answer: Option D


Explanation:
Net investment = gross investment - depreciation.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Agricultural Census' in India is conducted by the Ministry of Agriculture and Farmers Welfare every how many years?
A. 2 years
B. 3 years
C. 10 years
D. 5 years

Correct Answer: Option D


Explanation:
The Agricultural Census is conducted every five years.

This question belongs to: Economy GK Economy Set 1