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The Competition Commission slapped penalties totalling more than Rs 392 crore on online travel firms MakeMyTrip, Goibibo and hospitality services provider OYO for unfair business practices. A fine of Rs 223.48 crore has been slapped on Make My Trip-Goibibo (MMT-Go) and Rs 168.88 crore on OYO. Among others, it was alleged that MMT-Go imposed a price parity in their agreements with hotel partners. (Competition Commission of India Headquarters: New Delhi, Chairman: Ashok Gupta)
Which of the following pairs of goods is/are likely to have a positive cross price elasticity of demand?
(1) Cars and Petrol
(2) Tea ...
In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
National Sample Survey Organization (NSSO) provides estimates of magnitude of unemployment on the basis of different concepts. Which of the following i...
In a small open economy with a floating exchange rate, the supply of real money balances is fixed and a rise in government spending ______
Calculate the F-statistic , given the unrestricted R2 value is 0.60. Number of restricted parameters are 7 and total number of observations a...
There are two firms in the market and they follow Cournot model. The demand curve faced by them is Q = 180 – P and the marginal cost of producing the ...
In 1991, under the external sector reforms. Indian rupee______.
If the wage contracts gets better indexed with the prices, what will happen to the effect of unemployment on inflation?
Which of the following is/are included while calculating the national income using the income method?
(1) Wages and salaries in cash
...
Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correlatio...
