The price elasticity of demand measures the responsiveness of the quantity demanded to changes in the price. Demand is inelastic if it does not respond much to price changes, and elastic if demand changes a lot when the price changes. Necessities tend to have inelastic demand.
National Payments Corporation introduces ______ App open-source license model to regulated entities that do not have a UPI app of their own?
India International Bullion Exchange (IIBX) will sell physical gold and silver. The exchange will open for all jewellers with a minimum net worth of wha...
The South Indian Bank bagged a world record for staging the highest “101 Oonjals” to celebrate unity and prosperity during the ongoing festival seas...
The guarantee for Mudra loans is given by _ ___
As per the Economic Survey 2021-22, what is the share of industry in GVA estimated at for 2021-22?
The type of factoring under which the factor collects back from the seller the amount paid by him in case of non payment of bills on the due date is cal...
The bonds which are issued outside the jurisdiction of one country and denominated in a currency different from the currency of the countries in which ...
Which of the following banks have been named as the Domestic Systematically Important banks by RBI for 2021?
A new health insurance plan launched by the insurance market dominant LIC of India naming ________.
Consider the following statements with reference to Central Bank Digital Currency (CBDC):
I. The digital fiat currency or CBDC can be transact...
