Question
In case of increase in unemployment, fiscal deficit
will?ÂSolution
Recessions bring about an increase in deficits for two reasons; first government receipts go down because unemployed people do not pay taxes, second, government spending increases as benefits increase for unemployed people. Thus increased expenses and decreased income of the government will lead to increase of fiscal deficit.Â
Sovereignty under Constitution belongs to
Employer is not liable to pay compensation to an employee in respect of any injury by accident caused in course of employment if the total or partial di...
Under Minimum Wages Act, 1948 the Central Advisory Board shall consist of the following members nominated by Central Government :
Partner's liability for acts of the firm is___?
Under the Payment of Gratuity Act, 1972, the maximum gratuity payable is _______________.
Section 13 of Limitation Act applies in case of
A plea questioning the jurisdiction of the arbitral tribunal ________________
For compensation for wrongful seizure of movable under legal process, the period of limitation as per provisions of Limitation Act 1963, to file suit is:
The establishment of the Insurance Regulatory Development Authority was based on the recommendations of____________
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