Question
The Banking Ombudsman Scheme is introduced
under which of the following sections in Banking Regulation Act, 1949?Solution
The Banking Ombudsman Scheme is an expeditious and inexpensive forum for bank customers for resolution of complaints relating to certain services rendered by banks. The Banking Ombudsman Scheme is introduced under Section 35 A of the Banking Regulation Act, 1949 by RBI with effect from 1995.Â
Autocorrelation violates which assumption of CLRM?
A firm finds that for the product it produces, its (own) price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 p...
When C = 200 + 0.75(Y − T), I = 200 − 25r, G = 100, T = 100. Find IS curve function.
 According to the Principle of Equal Marginal Sacrifice proposed by Hugh Dalton, an optimal income tax structure is one where:
Which is not a fixed cost?
Based on the IS curve and LM curve you have derived in Q36 and Q37, what is the equilibrium income?
The lines of regression of a bivariate population are:
            3x-4y=10 and 5y-9x=15. Calculate the correlation coefficient in ...
In the context of pollution control, define and distinguish between the Marginal Abatement Cost (MAC) and the Total Abatement Cost (TAC) for a firm.
In a frequency distribution the last cumulative frequency is 500. Q3 must lie in?