Question
What is the key purpose of the Tariff Rate Quota (TRQ)
mechanism as outlined in the RBI circular on the import of gold by TRQ holders?Solution
The circular on "Import of Gold by TRQ Holders" under the India-UAE CEPA outlines the purpose of the TRQ mechanism to regulate the import of gold at preferential tariff rates within specified limits.
Which of the following four-firm concentration ratios is most consistent with monopolistic competition?
During the planning period, highest growth rate was achieved duringÂ
On a graph for a monopolist or monopolistic competitor, which of the following curves coincide?
A distribution of 6 scores has a median of 21. If the highest score increases 3 points, the median will becomeÂ
What was the primary reason for the reduction in India's current account deficit from USD 67 billion in 2022-23 to USD 23.2 billion in 2023-24?
GNP exceeds NNP by:
Which of the following conditions is not necessary for ordinary least squares to be the best unbiased linear estimator (BLUE)?Â
In the Solow model, what is the effect of an increase in the saving rate on the long-term growth rate of an economy?
The JAM (Jan-Dhan, Aadhaar, and Mobile) trinity has significantly contributed to which of the following in India?
In Durbin-Watson test, if the value of d is 4, then what is the characteristic of the autocorrelation