Question
What is the nature of the Central Vigilance Commission
(CVC) as per its establishment and function?Solution
The CVC was initially established via a Government Resolution in 1964 but gained statutory status with the enactment of the Central Vigilance Commission Act in 2003, emphasizing its role as an apex Indian governmental body overseeing vigilance activities.
 If investment is not responding to change in interest rate, then which of the following is true?
The price elasticity of demand for good X is known to be twice that of good Y. Price of X falls by 5% while that of good Y rises by 5%. What is the perc...
Which of the following is a possible change in total revenue that occurs if you increase the price of a good with unit elasticity?
The Likelihood Ratio (LR) Test is often preferred over the Wald Test or the Lagrange Multiplier (LM) Test for hypothesis testing in models like Maximum ...
Hedonic pricing is a method used for environmental valuation that:
Special Drawing Rights (SDRs) are:
When exchange rate in terms of domestic currency rises
X, Y and Z constitute a random sample of size 3 from normal population with the mean µ and variance α2, find the efficiency of (X...
Judging from the figure, a person that chooses to consume bundle C is likely to
