Question
Which one of the following is not a circumstance for
proclamation of Emergency by the President of India under Article 352 of the Constitution of India ?Solution
Grounds of declaration: Under Article 352, the president can declare a national emergency when the security of India or a part of it is threatened by war or external aggression or armed rebellion. The President can declare a national emergency even before the actual occurrence of war or armed rebellion or external aggression When a national emergency is declared on the grounds of ‘war’ or ‘external aggression’, it is known as ‘External Emergency’. On the other hand, when it is declared on the grounds of ‘armed rebellion’, it is known as ‘Internal Emergency’. The term ‘armed rebellion is inserted from the 44th amendment. Before this term, it was known as an internal disturbance.
Purchasing Power Parity (PPP) theory suggests that exchange rates will adjust to offset differences in:
An indirect utility function
Within a country, the domestic price of a product will equal the world price if
Consider a Solovian economy with the aggregate production function Yt  = K1/2l1/2 ​ . The initial size of the population is 100...
The process of converting securities (like shares) from physical form to electronic form is managed by a:
For an economy, if C = 400 + 0.8Yd, Yd = Y − T, T = 300 + 0.2Y , find MPC.Â
Consider the following production function
Y = F(K,AL) = K1/3(AL)2/3
Calculate the steady state level of output per ...
____ in reserve requirements ____ the money supply since it causes the money multiplier to ____.
According to monetarists view, in the long-run, the Philips curve
 Which method is used by Hicks to eliminate the income effect when price of a product is changed
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