Question
The demand in economics
means:Solution
In economics, demand refers to the desire for a good or service combined with the ability to purchase that good or service. This is often called effective demand. The key element of demand is the purchasing power, meaning the consumer must not only want a good but also have the financial means to buy it. Thus, the correct answer is (d) demand backed by purchasing power.
Syed Sallauddin Pasha, a notable figure in Indian dance, is renowned for his mastery of which two dance forms?
Recently, which Finance Corporation inked a loan pact of 30 billion with Japan Bank for International Cooperation (JBIC)?
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1. It deals with Administrative Tribunals.
2. It contemplates th...
Quality of petrol depends upon:
The missing number in the series:
4, 9, 25, ?, 121, 169, 289
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Keoladeo Ghana bird sanctury is in the state of:
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a) Mastani
b) Vasakasajja NayikaÂ
c) Garhrajvansh Ka Itihas
d) Garh Gita Sangram
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