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‘Doli incapax‘ is a Latin legal maxim that infers the meaning ‘incapability of committing a crime’. This term has been used to describe an assumption of guiltlessness for children in criminal law in most countries. We find this term in the Indian Penal Code, 1860 in Section 82. In a Legal sense, both boys or girls under the age of 7 are held to be infants and cannot be charged for a crime as it is a defect of understanding in regard to what is a crime or what is not a crime. In other words, they are under a natural disability from distinguishing what is good and what is bad and are immune from punishment
A spot purchase of a currency coupled with simultaneous forward sale of the same currency is called:
Two mutually exclusive events
Which of the following demand functions has unitary elasticity everywhere?
If the exchange rate of some economy depreciates vis−a−vis US $ and if the Marshal Lerner condition is satisfied, then the current account deficit o...
What is the correlation coefficient of the straight line ax+by+c=0 wherein a>0 and b>0
In which of the following models, price is driven down to marginal cost?
A decrease in the tax to GDP ratio indicates which of the following:
Slowing economic growth rate
...Refer to the below table and calculate the net value added at market price
For which of the following preferences, Engel curve is not a straight line?
Assume that there are equal numbers of male and female students in a university. Of all male students, 10 per cent major in economics; and of ...
