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Giffen goods are rare forms of inferior goods that have no cheaper close substitute or alternative such as bread, rice, and potatoes. The only difference from traditional inferior goods is that demand increases even when their price rises, regardless of a consumer's income.
Which of the following is the new interest rate benchmark, introduced by RBI, based on secured money markets, as a better replacement to MIBOR ?
Depreciation is charged on __________ as per the ___________ of accounting.
What is the term for the ability to make independent and informed choices about one's actions?
Calculate the current ratio based on above information?
Consider the following statements about indifference curves:
1. Indifference curves are convex to the origin.
2. Higher indifference curve...
What is the amount of contribution by RBI to the PIDF fund?
Which of the following methods is most suitable for forecasting future sales based on historical sales data that exhibits seasonal trends ?
...Which of the following statements regarding incentive pay plans is most accurate?
A. Unlike merit pay plans, base pay is set at the market...
Which of the following is most likely a sign of a good corporate governance structure?
A. The chief executive position is separate from th...
India’s first Long term Fiscal policy was adopted during the tenure of ..................... as Minister of Finance.