Which of the following is a feature of the 'Gatekeeper' concept in digital-market regulation? MCQ with Answer and Explanation

Which of the following is a feature of the 'Gatekeeper' concept in digital-market regulation?
A. Large online platforms that intermediate access to key digital markets and are subject to specific ex-ante obligations
B. Only small start-ups
C. Only government agencies
D. Only offline retailers
Answer: Option A
Solution (By JKSSB Mock Tests)
In regulatory frameworks such as the EU Digital Markets Act, gatekeepers are designated large platforms that provide core platform services and are subject to a set of dos and don’ts designed to ensure contestability and fairness.

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Practice More Economy Set 1 Questions

Question #1
The 'non-accelerating inflation rate of unemployment' is called:
A. NATO
B. NAIRU
C. NREGA
D. NAFTA

Correct Answer: Option B


Explanation:
NAIRU is the non-accelerating inflation rate of unemployment.

This question belongs to: Economy GK Economy Set 1
Question #2
The concept of 'wealth effect' in consumption refers to:
A. saving increasing when wealth falls
B. consumption increasing when debt increases
C. consumption increasing when wealth increases
D. investment increasing when interest rates rise

Correct Answer: Option C


Explanation:
The wealth effect says consumption rises when household wealth rises.

This question belongs to: Economy GK Economy Set 1
Question #3
The 'Food and Agriculture Organization' headquarters is in:
A. Geneva
B. Paris
C. New York
D. Rome

Correct Answer: Option D


Explanation:
FAO headquarters is in Rome.

This question belongs to: Economy GK Economy Set 1