Question
As per the of the Arbitration & Conciliation Act, 1996,
what is the rate of interest that a sum directed to be paid by an arbitral award shall carry, unless the award specifies otherwise?Solution
Section 31(7): A sum directed to be paid by an arbitral award shall, unless the award otherwise directs, carry interest at the rate of two per cent. higher than the current rate of interest prevalent on the date of award, from the date of award to the date of payment.
The economic rationale for government provision of a Merit Good (e.g., education, healthcare) often rests on which concept?
What is the probability of getting the sum as a prime number if two dice are thrown?
Let X and Y be two related variables. The two regression lines are given by x-y+1=0 and 2x-y+4=0. The two regression lines pass through the point:
 According to the Principle of Equal Marginal Sacrifice proposed by Hugh Dalton, an optimal income tax structure is one where:
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Which among the following is the reason for convergence exhibited by the Solow growth Model ?
Zia wants to increase total revenue at his restaurant. The price elasticity of demand for several dishes that he serves are given in the table...
The correlation coefficient between X and -X is:
When the slope of average cost is positive then which of the following holds