Question
Under the PM Vidyalakshmi education loan scheme, what is
the maximum loan amount eligible under the Credit Guarantee Fund Scheme?Solution
The scheme provides credit guarantee on education loans up to ₹7.5 lakh without collateral or third-party guarantee.
Selling through DSA reduces:
The statement, "The elasticity of demand may be defined as the percentage change in quantity demanded which would result from 1 percent change in price"...
Diamond-water paradox establishes the fact that
Elasticity of demand measures the
Under perfect competition, the long-run equilibrium of the firm is established at
When AR is constant, MR is
A movement along a demand curve indicates that a different quantity is being demanded
This movement is due to
Statement “Price is the amount of money and/or other item with utility needed to acquire a product" is given byÂ
Cross-selling means:
From the resource allocation point of view, perfect competition is preferable becauseÂ
