Questions

The law of demand implies that "The higher the price of a good, the lesser the quantity demanded".

For example:

If the rate of a mobile phone increased, the quantity demanded by the customers is decreased.

Ayodhya Deepostav event organised to mark Diwali celebrations in Ayodya town has entered Guinness Book of World Records in 2018.

Heat from the sun travels in the form of rays and are called as heat rays. This heat is called as radiation.

The Reserve Bank of India has constituted a 10-member ‘High Level Task Force on Public Credit Registry (PCR) for India’, which will, among other things, suggest a roadmap for developing a transparent, comprehensive and near-real-time PCR for India.Headed by YM Deosthalee, ex-CMD, L&T Finance Holdings, the task force includes Sekar Karnam, DMD & Chief Credit Officer, SBI; Vishaka Mulye, ED, ICICI Bank; Rashesh Shah, Chairman and CEO, Edelweiss Group; and Sriram Kalyanaraman, MD and CEO, National Housing Bank.

Demand is said to be inelastic, when the demand for the good doesn't change much or it is negotiable when the price of the good changed.