Question
As of 2024, which company became the first in the gem
and jewellery sector in India to be granted Authorised Economic Operator (AEO) status?Solution
   Asian Star became the first company in the gem and jewellery sector to receive AEO status in India, which enhances the ease of international trade for the company under the World Customs Organization's SAFE Framework.  Â
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?
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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