Question
What is meant by the 'Veblen
effect'?Solution
Veblen effect is one of the biases that an appraiser may have while appraising the employee. This means that the manager gives average rating to all employees irrespective of their performance. It is similar to the central tendency effect. Various other biases in performance appraisal are: 
What is the target for Fiscal Deficit as a % of GDP for FY23 as given in the Union Budget 2022-23?
Which of the following types of companies are not permitted to set up operations in GIFT City's IFSC?
Consider the following statements with reference to ‘Trade Infrastructure for Export Scheme (TIES)’:
I. The Trade Infrastructure for Expor...
Which program did SBI Life Insurance launch to engage B-School students to innovate in the life insurance sector?
Which bank has launched).This branch to offer corporate clients long- and short-term financing solutions through the IFSC branch, while providing an int...
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NSDC International and Perdaman got into a partnership to create an interface between Indian skilled youth and market opportunities in which of the foll...
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Consider the following statements regarding the Competition Commission of India (CCI):
I. It is a non-statutory body.
II. It consists...
As per the RBI’s Monetary policy committee meeting of June 2025 , the Cash Reserve Ratio will be reduced to __ _____ by November 29, 2025. Â
...
