Question
The value of elasticity of demand in perfectly
inelastic demand is?Solution
When the price elasticity of demand for a good is perfectly inelastic (Ed = 0), changes in the price do not affect the quantity demanded for the good; raising prices will always cause total revenue to increase.
Which of the following statements is/are not correct in regards to Fiscal management?
1.100 years interest free loans to states
2.Fiscal d...
The data released by the Ministry of Statistics and Programme Implementation (MoSPI), the indian economy grew at _____ between October and December 202...
Which is the largest International Financial Services Centres in Asia?
What does the “C” in the “CIBIL” credit score stand for?
Consider the following Statements about the GFCs and choose the option with Correct Statements.
I- The city ranked as the No. 2 GFC in the world ...
The International Financial Services Centres Authority (Global In-House Centres) Regulations, 2020 provides for _________________
If a company fails to receive the minimum amount of subscription for the securities issued, it has to refund the application money within how many days...
Consider the following statements in regards to the Economic Survey of India 2022-23, chapter 11: External Sector
1.   India diversified i...
Which of the following is not a component of MCLR?
Philosophy that guides policy of an organization towards its employees and customers is a part of?
