Indian Economy Questions

____________ is the relationship between the variable input and output, keeping all other inputs are held constant.

The minimum price at which I was willing to sell my old TV was Rs 37,000. I quoted Rs 50,000 while selling it, but it sold for Rs 42,000. This transaction generated _____.

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

As per the announcement by the government in August 2017, Banks importing gold and precious metals will have to pay ______ tax under the GST.

An exculpatory clause is generally unenforceable when

In October 2017, Insolvency and Bankruptcy Board of India (IBBI) relaxed norms for information utilities. Listed Indian companies can now hold ______ of the paid-up equity share capital or total voting power rights in such firms.

Who decides the Minimum Support Price (MSP) for agricultural crops in India?

Which of the following best defines disposable income?