Which of the following is used to measure the degree of concentration in an industry?
A. Herfindahl-Hirschman Index
B. Gini coefficient only
C. Human Development Index
D. Lorenz curve only
Answer: Option A
Solution (By JKSSB Mock Tests)
The Herfindahl-Hirschman Index (HHI) is calculated as the sum of the squares of the market shares of all firms in an industry and is widely used to measure market concentration.
Explanation:
Disinvestment refers to the sale of government-held shares in public sector enterprises to private investors or the public, thereby reducing the government's ownership stake.
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