In case of Giffens goods, price effect is
Giffen goods are highly inferior for which the negative income effect outweighs the positive substitution effect. Therefore even though price falls, the quantity demanded still decreases which is negative.
Regarding Money Bill, which of the following statements is not correct?
Which country's U-23 football team won the AFC U-23 Asian Cup by defeating Uzbekistan in 2024?
Where has ‘Bangas Valley Festival’ been organized recently?
When is National Sports Day celebrated every year in India?
Consider the following statements with reference to Protection of Women from Domestic Violence Act:
1. Supreme Court recently agreed to examin...
Who overthrew the last Mamluk ruler Muiz ud din Qaiqabad, leading to the end of the Slave Dynasty in 1290?
Which Indian city launched its first FutureLABS center at C-DAC?
How established the Vikramasila university Bhagalpur district of Bihar?
Which of the following research institutes is not matched correctly?
Which zonal railway appointed Sindhu Ganapathy as the first transwoman Travelling Ticket Examiner (TTE)?
