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A as provided for under s.12 (1) of the FEMA Act, 1999. S.12. Power of Reserve Bank to inspect authorised person.—(1) The Reserve Bank may, at any time, cause an inspection to be made, by any officer of the Reserve Bank specially authorised in writing by the Reserve Bank in this behalf, of the business of any authorised person as may appear to it to be necessary or expedient for the purpose of— (a) verifying the correctness of any statement, information or particulars furnished to the Reserve Bank; (b) obtaining any information or particulars which such authorised person has failed to furnish on being called upon to do so; (c) securing compliance with the provisions of this Act or of any rules, regulations, directions or orders made thereunder.
Which one of these is an exception to the law of demand?
When price elasticity of demand is unity, the total expenditure:
The above curve is a
Which one of the following is not the function of a managerial economist?
The statement, "The elasticity of demand may be defined as the percentage change in quantity demanded which would result from 1 percent change in price"...
If the firms under perfect competition have different costs, abnormal profits can be earned in the long run only by
When the economist speaks of an increase in demand, he is usually referring to a ____________________
Concept of 'Consumer's Surplus' was evolved by
Market demand for any good is a function of the
Demand analysis includes
