it is a monopoly, and it's bad
Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.
indian railways
Indian Railways is the largest employer in the world, employing over a million people. Employees 1,600,000 (year 2009)
If you want something entertaing for a short period of time Monopoly Express is better.If you want somethig that is longer , Monoploy. But you could play the original Monopoly on the Monopoly Express gameboard.
Petrol Bunks are best example for perfect competition.The reason is all sellers sell same product with same price .The product differences if any is also same (like ordinary petrol /diesel & extra premium petrol /Diesel) Stock market also exhibits perfect competition. In oligopoly market there are different sellers with product differential being wide in terms of technology & price. E.G, Mosquito repellents ,where cotton nets with repellent coating, coils, electronic repellents, repellent frequency sound wave repellents are seen in markets .Buyers who are rich will buy costly repellents & others will buy low priced items. Monopoly market represent single seller & many buyers. LIC India enjoyed for many years monopoly in Life Insurance market. Railways in India is monopoly controlled by Central Government Railway Ministry . similarly petroleum product distribution is dealt by Petroleum ministry. Oil & Natural Gas Commission is having monopoly. Any producer with break through technology offers a product or service having no competitors enjoys monopoly. For sometime Maruti Udyog Ltd enjoyed monopoly over their spare parts.
Mono refers to one. A monopoly means that one person or on family possesses or own everything or many businesses.
The population of Indian Railways is 2,010.
The population of Indian Railways is 2,011.
Indian Railways was created on 1853-04-16.
Central Railways, Northern Railways & Western Railways.
17 zonal railways exists in indian railways. Latest one is kolkata metro.
The Ministry of Railways in India is in charge of the Indian railways, the state-owned company that enjoys a monopoly in rail transport. As of May 2009, the ministry is headed by the minister of railways Mamta Bannerjie
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the indian railways fan club
Indian Railways Entertainment Services was created on 2010-05-07.
Indian Hill Railways - 2010 is rated/received certificates of: UK:E
1960