Question
In a situation where coffee bean prices doubled,
resulting in the price of coffee doubling as well, consumers may switch to tea, where the prices remained stable. This collective marketplace likely has which type of competition?Solution
Monopolistic competition means there are many sellers who compete with product substitutes.
In preparing performance appraisals, the sales manager ranked Aniket as the overall best salesperson because he had the highest level of sales, and Ami...
The Government of India has extended the PM Street Vendor’s AtmaNirbhar Nidhi (PM SVANidhi) Scheme beyond March, 2022 till ____________.
Which of the following is a non-scheduled bank?
Pey Jal Survekshan will serve as a monitoring tool and an accelerator for the AMRUT Mission while also fostering healthy competition among cities. Mini...
The Cash Reserve Ratio (CRR) is the percentage of a bank's deposits that it must maintain as reserves with which entity?
1) Reserve Bank...
Which of the following is/are the objectives of the IFSCA Act?
Calculate the Quick ratio based on above information?
What is the purpose of the Clearing Corporation of India Limited (CCIL) in the Indian capital market?
Which committee's recommendations form the basis of the modern Working Capital Assessment under the turnover method in India?
The World’s largest streetlight replacement programme- Street Lighting National Programme (SLNP) completes 5 years of operation. This scheme is imple...