Movement along the supply curve is known as ______ . Options: 1) Contraction of supply 2) Expansion of supply 3) Increase in supply 4) Expansion and contraction of supply
Answered 7 yr ago
bhavishya kumarCorrect Answer: Expansion and contraction of supplyIn other words, a movement occurs when a change in the quantity demanded is caused only by a change in price, and vice versa. ... Therefore, a movement along the supply cur...Read more
At which rate, Reserve Bank of India borrows money from commercial banks? Options: 1) Bank Rate 2) Repo Rate 3) Reverse Repo Rate 4) Statutory Liquidity Rate
Answered 7 yr agoCorrect Answer: Reverse Repo Rate Repo rate is the rate at which RBI lends to its clients generally against government securities. ... ReverseRepo rate is the rate at which RBI bor...Read more
Which of the following "writ" of the High Court or the Supreme Court is issued to restrain a person from holding a public office which he is not entitled to? Options: 1) Centiorari 2) Mandamus 3) Prohibition 4) Quo Warranto
Answered 7 yr ago(Correct Answe)r: Quo WarrantoThe word Quo-Warranto literally means "by what warrants?" or "what is your authority"? It is a writ issued with a view to restrain a person from holding a public office to which he is not entitled...Read more