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In a bid to empower insurance companies to respond to the emerging market needs in terms of products, the Insurance Regulatory and Development Authority of India (IRDAI) extended the “Use and File” procedure to all health insurance products and most general insurance products under, fire, motor, marine, and engineering. Currently, insurance firms have to obtain prior approval from the insurance regulator to launch new products.
Consider the following production function
Q = 20L – 0.2L2 – 20K + 0.2 K2 + 4KL
If 20 units of capital i...
In an economy, S=-100+0.6Y is the saving function. If investment expenditure is 1100. Calculate consumption expenditure at equilibrium level of nationa...
A sample poll of 100 voters reveals the following information about candidates A, B and C who are nominated for 3 different offices:
What was the growth rate of India's industrial sector in 2023-24?
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as the...
Calculate the standard error of the estimate of Y on X regression equation for the following data- N =50 , ∑y2 = 300 , ∑xy = 30, ∑x
PM SVANidhi Scheme is one of the major safety net programmes launched during the Pandemic. What is the main objective of the Scheme?
If factor cost is greater than Market price, then it means that:
The histogram above represents the lifespan of a random sample of a particular type of insect.
Determine the relationship between the mean and me...
