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Solution When the price of X rises, quantity demanded for X will fall and because the price elasticity of demand is 1.2; the total expenditure made on the good will fall. So, the consumer will be left with more money income to spend on Y. Thus, quantity demanded of Y increases.
Raja Ram Mohan Roy founded a reform association known as Brahmo Sabha which was later known as ______.
As of December 2021, the number of High Courts in India are ________.
Who among the following was the founder of the Bahmani Sultanate, who took the title of Bahman Shah after his accession to the throne?
Where is the Sahara desert located?
Recently RBI categorises 16 NBFCs as Upper Layer entities for bank-like compliances, which of the following is not in this list?
What is the quorum required for a sitting of the Lok Sabha and Rajya Sabha to be valid?
According to the new RBI’s norms, the KYC is required to be done once in every ___years for high-risk customers?
Each sentence below has one or two blanks. Fill in these blanks with most appropriate word/ phrase from the four options that are given following each s...
What is the first step of the process of staffing in an organisation?
The first battle of Tarain was fought between: