Normally, there will not be a shift in the demand curve when ____________.
price of a commodity falls
price of a commodity falls
Therefore, when the price of a commodity falls, there will not be a shift in the demand curve; instead, there will be a movement along it, leading to a higher quantity demanded.
Similar Questions
Which one of the following is not a function of money?
The excess of total expenditure of Government over its total receipts, excluding borrowings, is known as
The Wholesale Price Inflation has increased in India during 2021-2022 due to which of the following factors?
1. Sharp increase in international prices of crude oil
2. Decrease in economic activity post - Covid
3. Disruption of global supply chain
4. High freight cost
Select the correct answer using the code given. below:
What would be the impact on the economy if people start holding more currency in hand and less in deposits?
Which one of the following expenditures is subtracted from Fiscal Deficit to arrive at Primary Deficit?
Which of the following is / are the effects of devaluation or depreciation of currency?
1. It leads to increase in imports and decrease in exports.
2. It leads to increase in exports and decrease in imports.
3. It leads to increase in domestic inflation.
4. It leads to decrease in domestic inflation.
Select the correct answer using the code given below:Which one of the following statements about a borrower from a Microfinance Company is not correct?
Which one of the following factors is not considered in determining the Minimum Support Price (MSP) in India?
According to the latest Reserve Bank of India study on State finances, capital spending is maximum on ________.
With regard to the cabinet decision in July 2018, the percentage increase in Minimum Support Price (MSP) is maximum in which one of the following crops?
Important Questions from Money and Banking
Which one of the following is likely to be the most inflationary in its effects?
Which one of the following effects of creation of black money in India has been the main cause of worry to the Government of India?
Consider the following statements :
The effect of devaluation of a currency is that it necessarily
1. improves the competitiveness of the domestic exports in the foreign markets
2. increase the foreign value of domestic currency
3. improves the trade balance
Which of the above statements is/are correct?
Indian Government Bond Yields are influenced by which of the following?
1. Actions of the United States Federal Reserve
2. Actions of the Reserve Bank of India
3. Inflation and short-term interest rates
Select the correct answer using the code given below.
With reference to “Urban Cooperative Banks" in India, consider the following statements :
1. They are supervised and regulated by local boards set up by the State Governments.
2. They can issue equity shares and preference shares.
3. They were brought under the purview of the Banking Regulation Act, 1949 through an Amendment in 1966
Which of the statements given above is/are correct?
