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Public goods are goods that can be consumed simultaneously by a large number of people without the consumption by one imposing an opportunity cost on others. The characteristics of a public good: ●Non excludability i.e., the citizens can enjoy its benefits at no explicit financial cost. ●Non rival consumption i.e., the marginal cost of supplying this public good to an extra citizen is zero. ●Non-Rejectable i.e., collective supply for all citizens means that it cannot be rejected.
Ibrahim Lodi was defeated by ________ in the battle of Panipat.
The bare ground between plants is covered with a layer of organic matter in order to retain soil moisture. This method is called ______.
Who inaugurated India's first FutureLABS center at C - DAC Thiruvananthapuram, focused on next - generation chip design and manufacturing?
The former Spanish footballer, Antonio Lopez Habas, was the coach at the Hero ISL 2020- 21 of which of the following football teams?
Who wrote the famous Hindi novel 'Tamas"?
In which sport does Ayhika Mukherjee excel, as her performance aids India in securing another victory in World Team Championships 2024?
When was the Registration of Births and Deaths Act passed?
Recently which of the following enterprises has received the approval from the Reserve Bank of India (RBI) to start non-banking finance company ...
Which of the following sports does NOT have its apex national governing body headquartered in New Delhi?
The union government has decided to increase the term of wholetime directors in public sector banks, including MD & CEOs, to how many years?