Question
How much tax devolution has the Centre released to
states to boost capital expenditure and welfare activities?Solution
The Centre has released ₹1.73 lakh crore as tax devolution to states, nearly double the amount released in December 2024. This is aimed at boosting the financial capacity of states to undertake developmental and welfare activities. Approximately 41% of the taxes collected by the Centre are devolved to states during the fiscal year.
Given the Total Cost function TC = 100 + 10Q + 2Q squared, what is the Marginal Cost (MC) when output Q is 5?
Which of the following defines ambient standards in an environmental policy
The "Cessation of Production" or the Long-run Exit Condition for a firm occurs when:
If the Elasticity of Scale (epsilon) is exactly 1.2 at a specific level of output, a 10% increase in all inputs will lead to:
If the production function is Q = L raised to 0.75 * K raised to 0.25, and the price of Labor (w) is 30 and the price of Capital (r) is 10, the cost-min...
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
In the short run, if a firm’s production function is Q = K^0.5 * L^0.5 and Capital (K) is fixed at 100 units, the Short-Run Marginal Cost (SRMC) curve...
The coefficient of regression of Y on X is byx = 1.2 , If A = (X-300)/4 and C = (Y-500)/6 find bCA
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observatio...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
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