Question
Under the Indian Trusts Act, 1882, which of the
following is NOT a ground for the extinguishment of a trust?Solution
As per Section 77 , a trust is extinguished in the following cases:
- When its purpose is completely fulfilled (clause a).
- When its purpose becomes unlawful (clause b).
- When its purpose becomes impossible due to destruction of trust property or otherwise (clause c).
- When a revocable trust is expressly revoked (clause d).
A two-person zero-sum game means that the
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.
X pays Rs. 5 lakhs to a person to transport fake currency worth Rs. 50 lakhs. The Police department pays Rs. 5 lakhs to a detective to investigate the c...
Claudia would be willing to pay as much as $100 per week to have her house cleaned. John's opportunity cost of cleaning Claudia’s house is $70 per...
What will happen when supply elasticity is less than demand elasticity?
Which one of the following is not an assumption of Classical Linear Regression Model
You are given the following data for national economy of a country Y:
Equilibrium GDP is $6000 million.
MPC is 0.8
It is considered...
If the correlation between x and y is 0.6 covariance is 27, variance of y is 25, then what is the variance of x?
Whenrxy>0,thenbyxandbxyareboth:
...Refer to the below table and calculate the NNPmp
