Question
Recently, Akasa airline received its air operator
certificate (AOC) from the Directorate General of Civil Aviation (DGCA), who is the owner of this airlines?Solution
- The airline will start its operations from the end of July.
- The airline inducted its first Boeing 737 Max aircraft on June 21.
- The Directorate General of Civil Aviation is a statutory body of the Government of India to regulate civil aviation in India.
In the Balance of Payments (BoP) accounting, a surplus in the Current Account must be matched by:
The substitution effect for a commodity is
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The inverse demand function for a commodity is P = 50-2Q-Q2 . Calculate the consumer surplus when quantity demanded is 5 unts.
The Phillips curve shows the trade-off between ----- and -----?