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.
What is the term used in the Act to refer to the individual whose personal data is being processed?
Who is the current chairman of TBT Committee?
In which of the following case, presumption of contract to the contrary under section 230 of The Indian Contract Act, 1872, shall not be presumed?
Section 16(1) proviso of the Environment (Protection) Act, 1986 provides defense if person proves offence committed:
Every agreement in restraint of the marriage of any person _______________
A revenue official's son received employment in a private company whose lands the official was supposed to regulate. The official subsequently granted f...
Article 25 of the Constitution guarantees the right to freedom of religion, but it does NOT protect:
Under Section 18(3) of the DICGC Act, 1961, Ms. B, a depositor, maintains a Fixed Deposit (FD) of ₹4,00,000 with Bank Z. Ms. B also has an unsecured p...
No objection as to Jurisdiction shall be allowed by ___________________ except when it was taken before the court of first instance at the earliest poss...
‘Mesne Profits' according to section 2 (12) of code of Civil Procedure does not include
