Question
Which of the following best defines Tax
buoyancy?Solution
Tax buoyancy is an indicator to measure efficiency of revenue mobilization with respect to growth in national income. If it is more than one then growth in tax collection would be higher than growth in GDP.
Park Test is used for which of the following?
For Ram, coarse rice is an inferior good. This means
PM SVANidhi Scheme is one of the major safety net programmes launched during the Pandemic. What is the main objective of the Scheme?
A monopolist sells its product in two separate markets with different price elasticities of demand. The marginal cost of production is constant at $20 p...
If the regression line of Y on X is Y =30 -0.9X and the standard deviations are Sx = 2 and Sy = 9, then the value of the correlatio n coefficient rxy i...
Which Index number satisfies both the time reversal test and the factor reversal test?
GNP exceeds NNP by:
With fixed costs of $400, a firm has average total costs of $3 and average variable costs of $2.50. Its output is:
Refer the following table. How many students scored up to 40 marks?
Relevant for Exams:
