Question
Which of the following transfers of interest transfers
only “right to enjoy” the property?Solution
As per s.105 of TP Act, 1882. S. 105. Lease defined.—A lease of immoveable property is a transfer of a right to enjoy such property, made for a certain time, express or implied, or in perpetuity, in consideration of a price paid or promised, or of money, a share of crops, service or any other thing of value, to be rendered periodically or on specified occasions to the transferor by the transferee, who accepts the transfer on such terms.
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T) Â
Tax Function: T = T0 + tY Â
I...
Which of the following are features of India's Green Revolution from the mid-1960s to the mid-1980s?
(1) Increase in crop productivity
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observations, we ha...
Which of the following statements are correct about trilemma in monetary policy
A. It is related to closed economy model.
B. It involves...
Which branch of economics deals with the study of the economic activities of individual units?
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
Suppose we regress the dependent variable y on four independent variables x1, x2, x3, and x4. After running the regression on n = 16 observatio...
Two people enter a bus. Two adjacent cramped seats are free. Each person must decide whether to sit or stand. Sitting alone is more comfortable than sit...
________ was an important growth strategy adopted by India prior to 1991.
Consider a Keynesian Cross Model with following features, Consumption Function: C= C0 + b (Y – T)
Tax Function: T = T0 + tY
Income...
