Question
Which of the following statements about the upcoming
Tarang Shakti exercise is true?Solution
•Indian Air Force (IAF) preparing for mega-multilateral exercise named Tarang Shakti. •Tarang Shakti will involve air forces of 12 nations, strengthening military cooperation. •The exercise will be the biggest air exercise conducted in India. •France, Australia, US, and UK likely to participate, other countries yet to be announced. •Exercise scheduled for October-November, with six air forces participating and others attending as observers. •IAF previously participated in joint exercises with France, Greece, Japan, and the UK. •IAF and USAF conducted joint exercise Cope India-2023. •Three Rafale fighter jets from IAF to participate in Bastille Day flypast in Paris on July 14.
Match the following
A.   Modigliani            I.      Liquidity Trap
B.   Hicks       ...
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Which of the following is a key criticism of the Peacock-Wiseman hypothesis?
According to the kinked demand curve model, if a firm raises its price, competitors are likely to: