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Giffen goods are rare forms of inferior goods that have no cheaper close substitute or alternative such as bread, rice, and potatoes. The only difference from traditional inferior goods is that demand increases even when their price rises, regardless of a consumer's income.
An effective system of internal control for interest rate risk includes:
A. strong control environment
B. An adequate process ...
12,000 Kg of a material were input to a process in a period. The normal loss is 10% of input There is no opening or closing work-in-progress. Output in ...
Who has been appointed to the 'Committee of Advisors' of Abhyudaya Cooperative Bank by the Reserve Bank of India (RBI)?
What is the subsidy provided to a micro enterprise for ZED Certification so as to encourage and enable MSMEs for manufacturing of quality products using...
Which of the following types of credit risks is most relevant when an MSME has difficulty recovering dues from corporate clients, particularly when the ...
The World’s largest streetlight replacement programme- Street Lighting National Programme (SLNP) completes 5 years of operation. This scheme is imple...
According to the Union Budget 2023-24, consider the following statements.
1. Our current year’s economic growth i.e. FY23 is estimated to be...
How often should the interest rate under the external benchmark be reset?
How many co-efficients are there in the Altman Z Score Model?
An Ordinary Non-Resident Account (NRO) can be opened with: