Which of the following statements is incorrect:
Pitt's India Act 1784 or the East India Company Act 1784 was passed in the British Parliament to rectify the defects of the Regulating Act 1773. It resulted in dual control or joint government in India by the Crown in Great Britain and the British East India Company, with crown having ultimate authority.
Of 10 computer chips, 4 are defective. What is the probability of selecting 3 without replacement, only one of which is defective?
Which of the following is true for Disposable Income?
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
Which of the following is NOT one of the four priorities on which the budget proposal of 2022-23 rests?
The credit manager at a Departmental store collects data on 100 of her customers. Of the 60 men, 40 have credit cards (C). Of the 40 women, 30...
Which of the following is not correct?
If elasticity is ‘e’, and price of the product is B, MR=?
If one’s consumption of a good does not diminish the quantity of good available for consumption by someone else, the consumption is__________.
...Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
According to the Taylor principle, for inflation to be stable, the central bank must respond to an
increase in inflation wit...
