Question
Which of the following statements is NOT correct in the
context of quantity theory of money?Solution
According to the quantity theory of money, the quantity of money available determines the price level in the economy and the growth rate in the quantity of money available determines the inflation rate in the economy. Moreover, because money is neutral, the economy’s output is determined by factor supplies and technology . However, it is not necessary for the velocity of money to increase with the increase in the quantity of money.
Under what circumstances does the mandate of an arbitrator terminate and a substitution occur?
Ejusdem generis means:
Once all the partners anticipate dissolution of the firm___.
Which Article of the Constitution talks about directive principles of State policy for protection of wildlife?
A Public Company is a company which has a minimum paid-up share capital ____________
In suits against the Government, when a decree is passed against the Union of India, execution shall not be issued on such decree until___________
Match the following and find the correct answer
WTO Agreement : Area of work
I. GATT : A. Telecommunication
II. GATS : B. Copyrig...
Transfer of Spes Succession is:
A agrees to sell to B, for Rs. 1,000, “my white horse”. A has two white horses.
Under which circumstances can a person apply for anticipatory bail, and which court can grant it?
