Question
Competition Act, 2002 replaced the MRTP Act, 1969 on the
recommendation of which committee?Solution
Raghavan Committee, Explanation: On the recommendation of this committee the government took upon a policy for promoting competition and framed a competition policy in 2000, with the advent of globalization.
A shift of the supply curve of oil raises the price from $10 a barrel to $15 a barrel and reduces the quantity demanded from 40 million to 15 million ba...
Which of the following asset belongs to the flow concept?
“Higher the price of certain luxurious articles, higher will be the demand” This concept is called
Due to which of the following reasons increase in absolute and per capita real GNP do not connote a higher level of economic development?
Commodity service method is another name for which of the following methods?
If a 1 percent decrease in the price of a pound of squash results in a larger percentage decrease in the quantity supplied,
Which of the following statement is correct with respect to inflation in Indian economy?
Which one of the following transactions will be considered as a transfer payment?
The range of the correlation coefficient is?
Which one statement is correct among the given below?
