Question
In terms of credit card spending in August 2023, which
bank held the 1st, 2nd, and 3rd positions among Indians?Solution
Credit card spending among Indians rose 2.67% to Rs 1.48 trn in August. HDFC Bank maintained its leadership position with 18.53 million cards, a tad lower than 18.54 million cards in the previous month. Meanwhile, SBI Cards stood at 17.78 million, ICICI Bank at 15.30 million, and Axis Bank at 12.96 million.
As the degree of product differentiation increases among the products sold in a monopolistically competitive industry, which of the following occurs?
New loans made = 1000. Fractional reserve ratio is 1/3, by how much deposits will grow?
Umar has the utility function U(b,w) = min (b,w) and Akshat has the utility function U(b,w) = bw. If we draw an Edgeworth box with b on the ho...
Which one of the following is not an assumption of Marshall’s Cardinal Utility Analysis ?
If the sum of the product of the deviation of X and Y from their means is zero, the correlation coefficient between X and Y is:
In a market economy
Based on the sticky-price model, the short-run aggregate supply curve will be steeper, the greater the_____
  Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the Golden state level of capita...
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?
By _____________ economists refer to an unanticipated inflation that reduces the real value of outstanding government debt.
