India's Constitution provides numerous rights and freedoms. These include the right to create groups or associations und...

Page formatting in MS Word refers to the settings and layout adjustments applied to the pages of a document.This include...

Templates:Templates refer to pre-designed documents or files that serve as a starting point for a new document. They inc...

Navigating through a Document:As a document gets longer, it gets harder and harder to navigate through it. For example, ...

Word ProcessingThe creation, formatting and manipulation of text on a computer using a specialised software is called �...

Customising DesktopCustomising Taskbar:Steps to customise taskbar are as follows: -Right-click on an empty space on the ...

File: a file is a collection of data in a single unit in any format, viz, Word Document, PDF, JPG, MP3 or any other form...

Working with Dialog BoxesA dialog box is a temporary window on a computer screen that communicates information, pro...

Microsoft Windows is a series of Graphical User Interface (GUI) operating system developed, marketed, and sold by Micros...

A language is a system of communication. A programming language is a formal constructed language designed to communicate...

Operating System is a collection of special programs, which directly controls the computer. Its main purpose is to incre...

Computer software is the set of intangible programs, instructions, and data that tell a computer's physical hardwar...

The classification of computers refers to grouping computers based on their size, performance, purpose, and processing c...

The anatomy of a computer explains how a computer is built and how its main parts work together to perform tasks. Just l...

Computer:The word computer comes from the word “compute”, which means to, “calculate".Thereby, a computer is an el...

PovertyIt is a situation wherein a person is not able to fulfil basic requirements or necessities of life. For eg.: food...

Unemployment and Employment Generation Schemes in IndiaUnemploymentUnemployment is the situation where people actively l...

After gaining independence in 1947, India adopted a mixed economy model, combining elements of both socialism and capita...

With population exceeding 1.46 billion people, India is the most populated country in the world surpassing China.In spit...

Indian Economy structure comprises of mixed economy; a combination of private and public sector ownership and control. I...

Bank Rate:Bank Rate refers to the rate at which RBI provides loan to the commercial banks.During times of inflation, the...

Financial Market:It refers to a system consisting of financial institutions (Banks, NBFCs), instruments (shares, bonds),...

Money Supply:Supply of money means volume of money held by the people of the country which includes individuals and busi...

Money:Money is any item or medium of exchange that symbolizes perceived value. As a result, it is accepted by peopl...

InflationInflation is the rate of increase in prices over a given period of time. Inflation is typically a broad measure...

National IncomeIt is generally defined as income of the nation. It reveals the nature of economic activities in a countr...

Basic Concepts of Macro Economics Stock:Stock is the quantity that can be measured at a particular point of time. Their ...

Macro Economics is a branch of economics which studies economic problem at the level of an economy as a whole. It studie...

Dumping is the intentional mass export of goods to other countries where those goods are sold below the importing c...

A cartel is a group of separate companies that agree to increase profits by fixing prices and not competing with each ot...

MarketMarket is the set of conditions or situation where buyers and sellers meet and conduct exchange transactions.Accor...

CostThe term cost means different things to different people. For business executives cost figure is very important in d...

According to Marshall, “the excess of price which the consumer would be willing to pay rather than go without it, the ...

Elasticity of Demand and SupplyElasticity of Demand:The term Elasticity of Demand refers to the degree of co-relation be...

Supply FunctionSupply Function:It can be expressed as S(x) = f (Px).Supply function explains as to how the quantity supp...

According to Marshall, “the additional benefit that a person derives from a given increase in his stock of a thing dim...

Theories of Demand – Demand Function, Law of DemandDemand:Demand refers to the quantity of a goods or services that co...

The Theory of Consumer Behaviour is a foundational concept in microeconomics that examines how individuals make decision...

What is Free Enterprise?An economic system where few restrictions are placed on business activities and ownership is sai...

Form or Types of EconomyThere are 2 types of economy:Micro EconomicsMacro Economics1. Micro Economics – The term Micro...

Economics is the study of how individuals, businesses, governments, and societies make choices about using limited resou...

Moot courts are academic simulation of court proceedings and usually occur in law schools and universities, where studen...

Section 6(1): Every State Government shall, by notification, establish with effect from such date as it may specify in s...

Section 3(1): requires the central government to establish by notification a Central Consumer Protection Council (CCPC) ...

Meaning of Unfair Trade Practices: -It refers to the use of various deceptive, fraudulent, or unethical methods to obtai...

Pre-Constitutional Legislation:The Indian Contract Act, 1872The Sale of Goods Act, 1930Indian Penal Code, 1860The Drugs ...

Price Control:Price Control refers to the legal minimum and maximum prices set for specified goods and services. It is n...

It is the idea that increasing the consumption of goods and services is always a desirable goal and that a persons’ we...

Under the Consumer Protection Act (CPA), standards for purity, quality, quantity, and potency are crucial aspects of con...

Following are the important definitions under Section 2 of the Consumer Protection Act, 2019;Section 2(5): Complainant �...

Here are the rights and duties of consumers under the Consumer Protection Act, 2019:Rights of Consumers (Section 6):Righ...

Following are the Needs, Necessities and objectives of the CPA, 2019 :-Needs:High prices of goods and services.False rep...

Who is a consumer?A ‘consumer’ is an individual who consumes goods – manufactured by firms or created by nature (a...