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It is an advanced version of Immediate Payment Service (IMPS). UPI is a system that powers multiple bank accounts into a single mobile application (of any participating bank), merging several banking features, seamless fund routing & merchant payments into one hood. NPCI launched UPI with 21 member banks in 2016. Top UPI apps today include PhonePe, Paytm, Google Pay, Amazon Pay and BHIM.
Under Perfect Competition, Consider X’s production function to be Q=(min{K,L})1/2 , the price of capital is Rs.2 and price of labor is Rs.1...
Since the 1980s, Wal-Mart stores have appeared in almost every community in America. Wal-Mart buys its goods in large quantities and, therefore, at chea...
In the case of cost-push inflation, other things being equal:
____ in reserve requirements ____ the money supply since it causes the money multiplier to ____.
For which of the following consumption functions, the value of income multiplier, k=5?
What was the growth rate of India's industrial sector in 2023-24?
A neutral technological change __________
A labor-augmenting technological change has no effect upon the
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
In a situation when MRS>Px/Py, the consumer would react by: