Question
Which of the following situation occurs when one party
in a negotiation has relevant information the other party lacks.Solution
Adverse selection occurs when one party in a negotiation has relevant information the other party lacks. The asymmetry of information often leads to making bad decisions, such as doing more business with less profitable or riskier market segments.
India was recently elected as a member of which Interpol committee?Â
- Who has been appointed as the new CEO of UIDAI in March 2025?
What is the deployment timeline mandated by SEBI for funds raised through New Fund Offers (NFOs)?
According to the Air Quality Life Index (AQLI) 2025 report, how many years of life expectancy do residents of Delhi-NCR lose due to air pollution?Â
Tunisian President Kais Saied has extended the state of emergency in Tunisia till___?
When did TRAI issue a Consultation Paper on 'Embedded SIM for M2M Communications'?
- Under the PM-AASHA scheme, which agency is responsible for procurement of pulses and oilseeds if market prices fall below MSP?
Which measure is linked to Uttar Pradesh's invocation of the Essential Services Maintenance Act (ESMA)?
What is the name of the national cyber exercise launched by India in June 2025?Â
What key change was introduced in the revamped Periodic Labour Force Survey (PLFS) starting January 2025?