Indian Economy Questions

In economic equilibrium _____

In December 2017, Mid-Term Review of the Foreign Trade Policy (FTP) was released. The review announced how much percent increase each in incentive rates of
Merchandise Exports from India Scheme and Services Export from India Scheme?

If a perfectly competitive firm can increase its profits by increasing its output, then that firm's product's _____.

The Central Government has launched which of the following app to verify the GST (Goods and Services Tax) Rates under the GST regime?

Which of the following is not an assumption of perfect competition?

Reema wants to buy a certain designer party dress. The shop is offering a discount of 20% on that dress which is marked at Rs 5000. If Reema was willing to pay even Rs 7000 for that dress, Reema's consumer surplus is

What is income available with a person after deducting for taxes called?

Match the characteristics with their market structure:
(a) Firm has control over quantity of output but it must take into account reactions of competitors.
b) Firm will tend to set output so that it earns maximum profits.