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Article 163 deals with the Council of Ministers to aid and advise the Governor. - There shall be a Council of Ministers with the Chief Minister as the head to aid and advise the Governor in the exercise of his/her functions, except in so far as he/she is required to exercise his/her functions in his/her discretion. - If any question arises whether a matter falls within the Governor's discretion or not, the decision of the Governor shall be final, and the validity of anything done by the Governor shall not be called in question on the ground that he/she ought or ought not to have acted in his/her discretion. - The advice tendered by Ministers to the Governor shall not be enquired into in any court.
Suppose A consumes only 2 goods X &Y such that A exhausts all the income. Ceteris Paribus, if the price of X rises and the price elasticity of X is 1.2 ...
Which among the following are the main pillars of the Basel III norms?
Minimum capital requirements
If, C = 250 + 0.5 (Y-T) , I = 250-500i, i=0.1 and G=T= 300. What will be the equilibrium level of income?
Consider an exchange economy with two agents, 1 and 2, and two goods, X and Y. Each agent's consumption set is in +R2. The endowments of agents 1 and 2 ...
Type II error occurs when
In the basic Solow model of growth
Transaction demand for money, Mt = 0.5Y. Speculative demand for money, Msp = 100 – 250 i
Money supply Ms = 300
LM equation from the a...
Using the following table. Find the profit-maximizing output when price is Rs 25:
A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week, but at this output it would make a loss. Under what circumst...
Hirschman takes divergent series of investment as a project that :