Question
Which one of the following expresses the relation
between normal price and market price?Solution
Market price is that price which prevails in a market on a single day or on very few days. It is a very short-period price which prevails at a particular me. On the other hand, normal price is that price which tends to prevail in the long-run. It is a price which has a tendency to prevail over a period of me. Since market price caters the inflation, therefore, it is greater than normal price. Hence, A is the right answer.
Higher Education Financing Agency (HEFA) is a joint venture of the Ministry of Education and which of the following banks?
What were some of the key outcomes of the 46th World Heritage Committee meeting hosted by India in New Delhi?
How many entities successfully completed the test phase of the fourth cohort of RBI's regulatory sandbox focused on 'Prevention and Mitigation of Financ...
On which date will Karnataka officially hand over kumki elephants to Andhra Pradesh?
What is the objective of the MoU signed between India and the USA under the framework of the India-U.S. Commercial Dialogue?
How many pilgrims have visited the Gangasagar Mela as reported recently (Jan 2025)?
An 11-year-old girl Leena Rafeeq introduced her creation titled ‘Ogler EyeScan’ and became a Youngest AI App Developer.She is from?
Which Indian state currently leads in cotton production, as noted under the Kapas Kranti Mission?
Who among the following has/have been honored with “special, posthumous homage” at the Martin Ennals Award in Geneva?
Recently Union Minister for Jal Shakti Shri Gajendra Singh Shekhawat on 15th December 2022 inaugurated the 7th Edition of the India Water Impact Summit ...
Relevant for Exams:
