Question
What does the agreement between India and Bhutan,
involving the establishment of rail links, signify for bilateral relations?Solution
The agreement on the establishment of rail links between India and Bhutan is a landmark step towards bolstering connectivity and cooperation in areas such as infrastructure, trade, and energy. This move underlines the commitment of both nations to strengthen their bilateral relationship by improving physical connectivity, which is expected to enhance economic ties and mutual development.
The "liquidity trap" refers to a situation where:
If price of all commodities rise in the same proportion then,
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
Which school of economic thought suggested that one possible cause of inflation was a ‘push’ from the cost side?
The 'Trickle-Down Theory' in economics is most associated with the effects of:
In two commodity worlds if one good is inferior then the other must be
When the slope of average cost is negative then which of the following holds true?
What is the Capital to RiskWeighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability R...
The concept of vicious circle of poverty is associated with
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20