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The benefits of public goods are available to all and are not only restricted to one particular consumer. For example, if a person eats a chocolate or wears a shirt, these will not be available to others. It is said that this person’s consumption stands in rival relationship to the consumption of others. However, if we consider a public park or measures to reduce air pollution, the benefits will be available to all. One person’s consumption of a good does not reduce the amount available for consumption for others and so several people can enjoy the benefits, that is, the consumption of many people is not ‘rivalrous’.
What is the speed of a train?
I. The train crosses a pole in 24 seconds.
II. The train crosses a platform of equal length in 48 seconds.
A man invested a sum of Rs 25,000. He invested some part at 5 % p.a. and remaining at 5.5% p.a. How much money did he invest at 5 % p.a.?
Statem...
In how much time will a train running at a speed of 48 km/hr cross the other train running in opposite direction?
Statement I: The length of the...
What was the sum of the ages of the father and the daughter 5 years earlier?
A. Ratio of the father’s present age to the daughter’s age a...
In an office, the number of men exceeds the number of women by 13. The average weight of all employees (men and women) is 5 kg hi...
What is the total cost of painting a conical flask at the rate of Rs. 60 per square metre?
Statement I : The radius and the height of the flask ...
Akash and Bhavna together can complete a work in 12 days. How many days will it take for Akash to do the same work alone?
...
What is the value of 'p'?
Statement I: A group of (p + 16) boys can finish a task in 10 days, while a group of (p + 6) girls can finish the sam...
What is a two-digit number?
I. The difference between the two digit is 5.
II. First digit is smaller than ...
Ramu gained how much by selling his product in June 2017?
I. He earned 40% more profit in July 2017 as compared to May 2017.
II. In June 2...