In economic terms, when is a demand or supply considered inelastic?
A demand or supply is considered inelastic when its elasticity is less than one. This indicates that the quantity demanded or supplied changes by a smaller percentage than the change in price, demonstrating low responsiveness to price variations.
As per the Economic Survey 2023-24, which of the following is a key pillar of the World Energy Outlook's (WEO) proposal for achieving net-zero emissions?
Which sector will be promoted through centres of excellence under the new program for research and innovation?
Which of the following is not covered under priority sector?
Mahatma Gandhi National Fellowship Programme (MGNF) in collaboration with IIM is providing certificate course in ______ ?
Which of the following Statements about NCERT is/are True?
(i) NCERT provides academic and technical support for qualitative improvement of schoo...
As indicated in the 2024-25 budget, by what factor has the direct tax collection increased over the past decade?
As per the Economic Survey 2023-24, which of the following is NOT a flaw in the current global approach to climate change, as identified in the survey?
As per the Economic Survey 2023-24, what was the fiscal deficit of the Union Government in FY24 according to provisional actuals (PA) data?
What will be covered under Pradhan Mantri Kaushal Vikas Yojana 4.0?
What is the allocated amount for the Defence Budget in the Financial Year 2024-25?
