Question
Read the given statements carefully and select the most
appropriate option. (i) In economics, demand means desire backed by the purchasing power and willingness to pay the price. (ii) According to the law of demand when all other things remain constant, if the price rises demand increases and if the price falls demand decreases.Solution
The correct answer is D
In which location were the 1st Foreign Office Consultations between India and Mauritania held?
What was the inflow of NRI deposits from April to July 2024, as reported by the RBI?
On which day is National Voters' Day celebrated every year?
Which bank recently announced the launch of the UPI-enabled 'IndusInd Bank Samman RuPay Credit Card' in collaboration with the National Payments Corpora...
In which state can you find the Group of Monuments at Mahabalipuram, known for its rock-cut temples and sculptures?
Who left Google to spread awareness towards the rising threats of AI to society?
Which technology is utilized in the solar power plants commissioned by the Indian Navy?
Which global organization adopted the first-ever Pandemic Agreement in 2025 to enhance preparedness?
Which state recently launched an initiative to provide caste and income certificates to students within seven days?
In which two districts was the ‘EShakti’ pilot project for digitisation of SHGs launched by the National Bank for Agricultural and Rural Development...
Relevant for Exams:
