Question
What did India Ratings & Research revise India’s GDP
growth forecast for the current fiscal year to, up from 7.1%?Solution
India Ratings & Research upgraded the GDP growth forecast for India for the current fiscal year to 7.5%, an increase from their earlier projection of 7.1%. This adjustment reflects a more optimistic assessment of India’s economic trajectory, buoyed by robust consumer demand and supportive fiscal policies.
Why do economists generally prefer market-based instruments (like taxes or permits) over Command-and-Control (CAC) regulations (like uniform standards) ...
As per the regression data available: Wage = 11 + 0.24age - 0.23Illiterate + 0.14Married - 0.27Married*Illiterate, where the variables are self-e...
With reference to Pradhan Mantri Kaushal Vikas Yojana, consider the following statements:
- It is the flagship scheme of t...
In the Solow growth model, long-run economic growth is determined by:
A decrease in the tax to GDP ratio indicates which of the following:
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Slowing economic growth rate
 Endogeneity in regression arises when:
Starting from a position where the nation's money demand equals the money supply and its balance of payments is in equilibrium its balance of payments w...
Type II error occurs when
Which of the following is not an example of market failure?
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