Question
What unique feature does Axis Bank's NFC Soundbox,
developed in collaboration with Mastercard, offer for transactions exceeding Rs 5000?Solution
Axis Bank's NFC Soundbox, in partnership with Mastercard, introduces the Tap + Pin feature specifically for transactions over Rs 5000, making it the first in India to adopt this technology for higher-value contactless payments.
When AR is constant, MR is
Movement along a demand curve as a result of change in price is known asÂ
The reasons for L-shaped long run average cost curve is/are
OPEC is an example ofÂ
Information for pricing decision involves
Diamond-water paradox establishes the fact that
The goods whose demand is not tied with the demand for some other goods are said to haveÂ
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
Demand analysis includesÂ
Market demand for any good is a function of the
Relevant for Exams:
