Question
If the exchange rate of some economy depreciates
vis−a−vis US $ and if the Marshal Lerner condition is satisfied, then the current account deficit of that economy is expected toSolution
Marshall−Lerner condition ensures that devaluation improves a country’s balance of trade position if the sum of the price elasticities of demand for exports and imports (in absolute value) is greater than 1. Assuming that this condition is being fulfilled, then depreciation in exchange rate will decrease the current account deficit.
…………………………State Government has launched the trees outside forest in India programme in association with USAID.
...World Animal Day is observed 4th October every year and the theme for the same during this year was
Under KCC, Government provides interest subvention of____% on short-term crop loans up to Rs. 3.00 lakh.
Pandit Bhimsen Joshi was a distinguished figure of which musical gharana?
Ozone layer which absorbs and scatters the solar ultraviolet radiation is present in which layer of atmosphere?
In global warming the temperature of ……………. Increases
When was the first National Action Plan on Climate Change (NAPCC) for India launched?
PM Kisan is a ______ sector scheme launched in _____
Union Agriculture Minister lays the foundation stone of NSC's organic seed farm in…………………….
Which soil is best suited for cotton cultivation?
