Question
From 1 April 2026, insurers in India were mandated to
adopt which accounting standards?Solution
The Insurance Regulatory and Development Authority of India (IRDAI) is in the process of adopting Indian Accounting Standards (Ind AS) for insurers to improve transparency, consistency, and comparability across the insurance sector while aligning with global accounting standards.
If the money supply grows 5 per cent, and real output grows 2 per cent, prices should rise by
Which of the following recent recommendations regarding 'Urban Cooperative Banks' (UCBs) was prioritized for strengthening their capital base?
In a Cournot duopoly, if one firm increases its output, how does the other firm typically respond?
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...
A country is running a Fiscal Deficit of $500 billion, and the government's interest payments on existing debt are $100 billion. If the country has nomi...
Judging from the figure, a person that chooses to consume bundle C is likely to
What is the value of elasticity of substitution in case of perfect substitutes?
A firm should increase investment when :
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as...
For a call option with a strike price of ₹80, the premium paid is ₹4. If the spot price at expiration is ₹90, what is the profit/loss for the opti...
