Start learning →

Which company became leader in India's small car market by spotting the need early?

AMaruti Udyog
BTata Motors
CHindustan Motors
DPremier Auto
Answer & Solution
Correct answer: A. Maruti Udyog
1. Rising petrol prices and a large middle class created the need. 2. Maruti Udyog moved first. 3. This is the first mover advantage. _Source: syllabus Business Studies, Chapter 3, Business Environment._
Practise this question with Quill — UPSC CSE →

Keep practising Indian Economy

Browse all Indian Economy questions for UPSC CSE, or explore more Economics topics.

Start a Indian Economy lesson →
Related questions