In Kinked demand curve the upper part of the curve is relatively elastic and lower part is relatively inelastic. If the producer increases the price they lose large number of their consumers to their competitors charging lesser price and if they reduce the price, consumers of their competitors does not join them. Hence, all the producers follow Oligopolistic competition.

According to Say’s Law- Supply creates its own demand. J.B. Say stated that whatever is produced is consumed by the consumers. In the others words, there cannot be an overproduction because whatever is produced extra is automatically consumed by the consumers.

Survey of India, The National Survey and Mapping Organisation of the country under the Department of Science & Technology, is the OLDEST SCIENTIFIC DEPARTMENT OF THE GOVT. OF INDIA. It was set up in 1767 and has evolved rich traditions over the years.

The Battle of Talikota (23 January 1565) was a watershed battle fought between the Empire and the Deccan sultanates. The treacherous defeat of Vijayanagar Empire, followed subsequent destruction and looting which became short lived before the successors of Rama Raya.

Permanent Settlement was introduced by Lord Cornwallis. Permanent Settlement is also known as Permanent Settlement of Bengal. It was an agreement between Bengali Landlords and East India Company to fix revenues to be raised from the agriculture activity and from other productivity in the country.

On 20th February 1997, the Telecom Authority of India was established. The government of India by act of Parliament told to regulate a telecom services and tariffs In India. Currently Ram Sewak Sharma is the Chairman of Telecom Authority of India (TRAI).

The Kalinga war of the celebrated Maurya King Ashoka in B.C. 261 – 260 was a significant event in the history of early India. A singular evidence of this war was furnished by Ashoka in his Major Rock Edict XIII which was setup in Gimar near Junagarh in Saurastra, kalsi in Dehradun now included in Uttarkhand, Shahbajgarhi in Peshwar district in Pakistan and Erragudi in Kurnool district in Andhra Pradesh.

Sagar Samruddhi Project was launched by the Oil and Natural Gas Corporation (ONGC) in the year 2003. The aim of this project was to conduct deep water exploration in eastern and western coasts. 2.6 million dollars investment was involved in this project per day to search for one third of the estimated tons of oil.

The Retreat building Mashorba, Shimla is a Presidential Retreats, was taken over by the viceroy during 1895. This building is located on the hill top of Mashorba and it is 13 km away downtown from Shimla. Last month the President of India was denied the entry in it because he did have prior permission from the President’s office which in mandatory.

Over the 90 percent of the world’s biomass is in the form of Oceans. An ocean is a body of saline water that composes much of a planet's hydrosphere. There are 5 biggest or deepest oceans on the earth and their names are as follows- Arctic Ocean, Atlantic Ocean, Indian Ocean, Pacific Ocean, Antarctic Ocean, and Southern Ocean.