Question
Consider the following statements regarding the
Parliamentary System of Government in India: 1. The Indian Constitution has adopted the parliamentary system from the United Kingdom. 2. The President of India is an integral part of Parliament. 3. The Council of Ministers is collectively responsible to the Rajya Sabha. Which of the above statements is/are correct?Solution
• India has adopted the Parliamentary system from the UK. • The President is an integral part of Parliament (Article 79). • The Council of Ministers is collectively responsible to the Lok Sabha, not Rajya Sabha (Article 75).
For which preferences the income offer curve and the price offer curve are equal?
'Distributed Profits' is also known as:
If indirect taxes are subtracted and subsidies are added to Net Domestic Product at market price we get
  Which of the following best explains why the J-curve effect occurs?
If price of all commodities rise in the same proportion then,
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
'Distributed Profits' is also known as:Â
Match the following
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If some individual gets Rs. 3000 as her wage on the first day of every month and if she spends exactly Rs. 100 every day and exhausts all her money by t...
What is the investment multiplier when the marginal propensity to consume is 0.60 and the marginal propensity to import is 0.20
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