Question
For an individual resident in India (age below 60
years), the basic exemption limit for the Financial Year 2025-26 (A.Y. 2026-27) under the NEW tax regime is:Solution
4.00 lakhs
If the government imposes an excise duty on the production of a commodity, and the demand for that commodity is perfectly inelastic, the burden of the t...
What is the supply curve of a firm in Perfect Competition?
The two regression lines are 12X+8Y=104 and 24X+12Y=124. Find the correlation coefficient.
Which of the following is not an assumption of Keynesian Simple model?
A government recently introduced the Policy mix of Monetizing Budget deficit to revive the economy. Using the IS-LM framework, the impact on Output and ...
The process of converting securities (like shares) from physical form to electronic form is managed by a:
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation with...
The Impossible Trinity (or Trilemma) in international finance states that a country cannot simultaneously have:
Consequences of high multicollinearity:
In a simple two-sector economy, the autonomous consumption is 200, the Marginal Propensity to Consume (MPC) is 0.75, and the autonomous investment expen...
