Consumer surplus is the difference between what consumers are willing to pay and what they actually pay. As prices increase, consumer surplus decreases because consumers pay more for the same quantity of goods.
India recently handed over a Dornier aircraft “Dornier 228 Maritime aircraft” to Which Country?
ONGC recently initiated the 'first oil production' from the deep-water KG-DWN 98/2 Block in the Krishna Godavari basin. What is the expected peak produc...
Recently Electronics Sector Skill Council of India (ESSCI) signed a MoU with which telecom company to empower the youth with industry-relevant skills?
What are the two core areas of research for the International Centre of Excellence for Dams (ICED), IISc Bangalore?
What was the key focus of the India-Middle East-Europe Economic Corridor discussed in recent meetings?
The G20 Pandemic Fund has recently approved a proposal worth 25 million dollars from the Department of Animal Husbandry and Dairying. This approval aims...
Recently RailTel & WHO inaugurated Mobile Container Hospital at which of the following cities?
According to the Speedtest Global Index by Ookla,India’s median download speed increased 3.59 times after 5G was launched.What rank has India achieved...
Morgan Stanely has projected India’s GDP growth forecast for 2022-23 (FY23) at ________%.
Which integrated complex is set to host the FIH Hockey5s World Cup qualifiers before the Summer 2024 Olympic Games in Paris?
