From video
Interpreted Prediction
Before 1991, India's market was characterized by monopolies and a lack of competition across various sectors like air travel, automotive, mutual funds, and insurance.
AI Evaluation Notes
The prediction accurately describes the Indian market scenario before 1991, characterized by limited competition and dominance of state-owned entities in sectors like air travel (Air India), automotive (Ambassador and Fiat), mutual funds (Unit Trust of India), and insurance (LIC) [cite: N/A, N/A, N/A].