Indian Economy Questions

India was able to achieve the fiscal deficit target for the Financial Year 2016-17. It was how much percent of GDP?

If a consumer's demand for a good moves in the same direction as the consumer's income, the consumer's demand for that good must be inversely related to the price of the good is called __________.

Which level does macroeconomics focus on?

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

Name the first Indian to get Nobel prize in economics.

If the average total cost are Rs 2400, average variable cost is Rs 1700 and quantity produced is 75 units, find the total fixed costs of the firm?

Which of the following best defines disposable income?

___________________________ is an Indian Government Savings Bond, primarily used for small savings and income tax saving investments in India.