Start learning 50% faster. Sign in now
The benefits of public goods are available to all and are not only restricted to one particular consumer. For example, if a person eats a chocolate or wears a shirt, these will not be available to others. It is said that this person’s consumption stands in rival relationship to the consumption of others. However, if we consider a public park or measures to reduce air pollution, the benefits will be available to all. One person’s consumption of a good does not reduce the amount available for consumption for others and so several people can enjoy the benefits, that is, the consumption of many people is not ‘rivalrous’.
_______________ has signed United Nations supported Principles for Responsible Investment (UNPRI) demonstrating its commitment towards Environment, Soci...
GST collection grew 13 percent in March to ______— the second-highest mop-up since the rollout of the indirect tax regime.
Recently SEBI imposed a penalty of Rs 1 crore on which of the followings company for misutilization of client securities.?
Under the Nasha Mukt Bharat Abhiyaan, what is the specific focus area mentioned in the MoU between the Department of Social Justice and Empowerment and ...
What is the main objective of celebrating Statistics Day on June 29 in India?
Which of the following organization gets DSCI AISS Award for ‘Best Security Practices in Government Sector’?
Consider the following statement about “Indira Gandhi Prize for Peace”.
1. It is awarded to individuals only
2. Recently, it was j...
Which of the following projects was not inaugurated during PM Modi’s visit to Mauritius?
In a move to deepen the bond market, the Securities and Exchange Board of India (SEBI) has introduced sops for large corporates (LCs), which have raised...
How much did the Centre earmark for Phase III of the PMGSY (Pradhan Mantri Gram Sadak Yojana)?