Question
Regarding the International North-South Transport
Corridor, consider the following statements -: I. It is an extension of China's Belt & Road Initiative. II. It connects China with African countries. III. Iran is part of this project. Which of the statements given above is/are correct?Solution
Statements I and II are not Correct -: International North-South Transport Corridor (INSTC) project was signed between India, Iran, and Russia in 2000 in St Petersburg, and subsequently included 10 other central Asian and west Asian countries, and not an extension of China’s Belt and Road Initiative, and involves moving freight from India, Iran, Azerbaijan, and Russia. It does not connect China & Africa. Statement III is correct -: It includes Iran’s Chabahar port. Â
Which of the following is not correct regarding adjusted R2?
...Which of the following is not an assumption of Keynesian Simple model?
In monopolistic competition, long-run equilibrium occurs where price is:
To gauge the sacrifice made by a taxpayer, we should use the _____ tax rate.Â
C= 0.8(1-t)Y , t=0.25, I=200 and G=800. Calculate the change in output when tax rate increases to 0.50
Which of the following four-firm concentration ratios is most consistent with perfect competition?
If X(bar) = 25, Y(bar) = 120, bxy = 2. Find the value of X when Y=130?
Calculate personal income:
...
The two regression lines are 6X+4Y=52 and 12X+6Y=62. Find the correlation coefficient.
...Commodity X and Y have an equal price elasticity of supply. The supply of X rises from 400 units to 500 units due to a 20 percent rise in its price. Cal...
Relevant for Exams:
