Price elasticity of demand of a horizontal demand curve is called:
A horizontal demand curve depicts perfect elasticity. This means any slightest change in price can result in an infinite change in QD. Thus, the PED is infinity.
Consider the following statements with regard to Statutory Liquidity Ratio (SLR);
1. To meet SLR, Commercial banks can use cash only.
2. S...
Consider the following statements about the International Financial Service Centers Authority (IFSCA):
1. It is a unified authority for developin...
Which of the following are members of the Financial Stability & Development Council (FSDC) ?
With reference to PM SVANidhi Scheme, consider the following statement:
1. The scheme is the initiative of Ministry of Urban and Housing affairs<...
The traders reduce the risk of loss in currency fluctuations through which of the following?
The cost of unit assistance is shared between Central and State Governments in the ratio ________ in plain areas and 90:10 for North Eastern and hilly s...
Which of the following is/are potential benefit(s) of the Universal Basic Income (UBI)?
1. A motivation for the labor force to work more
_______________ State launched “Hamar Apan Budget” portal.
What is the value of the money multiplier when initial deposits are ₹ 500 crores and LRR is 10 %.
Which of the following constitute Capital Account?
I. Foreign Loans
II. Foreign Direct Investment
III. Private Remittances
I...
