Exams

Most electric, gas, and water companies are examples of natural monopolies. Utilities like water, electricity and gas are essential services that play a vital role in economic and social development.

The Glorious Revolution of 1688 demonstrated that Parliament had power over the English monarchy.

The Homestead Strike was when, in 1892, Andrew Carnegie reduced wages at his steel mills in Homestead, Pennsylvania and the union workers refused to accept the cut. The company locked out the union workers and hired nonunion labor and 300 armed guards. The locked out workers gathered weapons and , on July 6, a battle broke out killing ten people.

In the given options, BIS is the odd one from the other three.  NABARD, RBI & IRDA are the bodies related to financial sector of India. The financial sector consists of banks, investment funds, insurance companies and real estate firms. 

BIS stands for Beareau of Indian Standards is a National standard body of India with the activities of standardization, marking and quality certification of goods.