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. Only small start-ups
B. Large online platforms that intermediate access to key digital markets and are subject to specific ex-ante obligations
C. Only government agencies
D. Only offline retailers
Answer: Option B
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
Currency with the public plus demand deposits is called:
A. narrow money
B. high-powered money
C. reserve money
D. broad money

Correct Answer: Option A


Explanation:
Currency with the public plus demand deposits is narrow money, M1.

This question belongs to: Economy GK Economy Set 1
Question #2
The 'National Education Policy' of India was released in which year?
A. 2019
B. 2016
C. 1986
D. 2020

Correct Answer: Option D


Explanation:
The National Education Policy was released in 2020.

This question belongs to: Economy GK Economy Set 1
Question #3
The term 'Crowding Out' in economics refers to:
A. Increase in private investment due to government spending
B. Decrease in imports due to tariffs
C. Increase in exports due to currency depreciation
D. Decrease in private investment due to government borrowing

Correct Answer: Option D


Explanation:
Crowding out occurs when increased government borrowing leads to higher interest rates, which reduces private sector investment.

This question belongs to: Economy GK Economy Set 1