Delhi Jal Board is an example of a 'natural monopoly'. A natural monopoly is a type of monopoly that exists as a result of the high fixed costs or startup costs of operating a business in a specific industry. Additionally, natural monopolies can arise in industries that require unique raw materials, technology or other similar factors to operate. Delhi Jal Board is a good example of a natural monopoly because the costs of establishing a means to provide water supply to each household can be very huge. This capital cost is a strong deterrent for the possible competitors