Question
National Payments Corporation of India (NPCI) has
launched some new payment features. What new payment features has it launched to promote digital inclusivity?Solution
National Payments Corporation of India (NPCI) has launched some new payment features to enable more digital inclusivity. The new products include a credit line on UPI, UPI Lite X for offline payments and a near field communication (NFC)-enabled Tap & Pay feature, conversational payments through Hello! UPI and conversational bill payments with BillPay Connect.
When AR is constant, MR is
Concept of 'Consumer's Surplus' was evolved by
Who introduced the concept of elasticity of demand?
Shifts in demand curve as shown in the figure below represents
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
OPEC is an example of
When price elasticity of demand is unity, the total expenditure:
The increasing returns to scale occurs. because larger scale provides greater specialization to various factors" is a statement given by
Pricing decision includes
The positive cross elasticity of demand between two products means the two products
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