Exams

1/8 to convert into decimal,

Find an equivalent fraction with a denominator of a power of 10.

In this case, we will use 1000.

18 x 125125 = 1251000

This can now be written as a decimal with 3 decimal places (because we have thousandths.

i.e, 0.125

Hence, 18 as a decimal = 0.125

The Reserve Bank of India has appointed Smt. Malvika Sinha as Executive Director (ED).

As Executive Director Smt. Sinha will look after Foreign Exchange Department, Department of Government and Bank Accounts and Internal Debt Management Department.

Smt. Malvika Sinha holds a Masters Degree from University of Bombay and has done her Masters in Public Administration. She is also a Certificated Associate of Indian Institute of Bankers.

Smt. Sinha joined Reserve Bank in 1982 and as a career central banker served in the areas of regulation and supervision, foreign exchange and Government and Bank Accounts in the Bank. Prior to being promoted as ED, Smt. Sinha was Principal Chief General Manager, Department of Co-operative Banking Supervision in the Reserve Bank.

If the percent change in quantity demanded is less than the percent change in price, economists label the demand for the good as inelastic.

A good that is inelastic does not have very stretchy demand. In economic terms, the quantity demanded does not change a lot when the price changes.

So, if the price of a good increases by 10 percent and the quantity demanded decreases by only 5 percent or less than 10, that good is said to have inelastic demand.

Hence, in this case, consumers are not considered very sensitive, or responsive, to a change in the price of that good.

The land breeze is a coastal breeze at night blowing from the land to the ocean. It is caused by the difference in the rates of cooling of the land and of the ocean. Once again, the bigger the difference in temperature between the two, the stronger the wind.