Question
The price elasticity of demand for a product is likely
to be higher when:Solution
Explanation: When many substitutes are available, consumers can easily switch, making demand more elastic.
Consider the following statements:
1. India International Exchange Limited (India INX) is India's first international exchange.
2. It is a...
Which Article of the Indian Constitution stipulates the appointment of the Chief Minister by the governor?
Which Five Year Plan in India is often referred to as the Rao-Manmohan Singh Model of economic liberalization?
According to the Indian Constitution, under which list is the subject of "Reserve Bank of India" included?
Which of the following Fundamental Rights under Part III of the Indian Constitution are available only to Indian citizens?
1. Right to elementary...
The Indian Constitution ensures
1. Individual Freedom
2. Social Justice
3. Community Based Rights
Select the correct answer using the code given below.
During which period did India implement the Fifth Five-Year Plan?
Who is the Ex-officio Chairman of India's Rajya Sabha?
With reference to Overseas Citizen of India (OCI) Cardholder, consider the following statements:
1. A citizen of another country who was a citize...
When was planning commission of INDIA formed?
