Question
When can an appeal lie to Supreme Court under Section
109 CPC?                      I.       When the High Court certifies that the case involves a substantial question of law of general importance                    II.       When the High Court certifies that the said question needs to be decided by the Supreme Court                   III.       When Supreme Court feels that any issue has not been determined the High CourtSolution
Section 109 CPC - When appeals lie to the Supreme Court—Subject to the provisions in Chapter IV of Part V of the Constitution and such rules as may, from time to time, be made by the Supreme Court regarding appeals from the Courts of India, and to the provisions hereinafter contained, an appeal shall lie to the Supreme Court from any judgment, decree or final order in a civil proceeding of a High Court, if the High Court certifies— (i) that the case involves a substantial question of law of general importance; and (ii) that in the opinion of the High Court the said question needs to be decided by the Supreme Court.
If the marginal propensity to consume (MPC) is 0.75 and the tax rate is 0.20, the value of the tax multiplier is:
Percentage of values that lie within a band around the mean in a normal distribution with a width of two standard deviations is approximately
Suppose demand and cost function of a monopolist are Q = 5 – 0.25P and C = 4Q+2. If government imposes a tax @10% of sales. What is the total tax ...
The substitution effect for a commodity is
What is the term used when explanatory variable is correlated with the error term?
When a firm’s decision to produce decreases the wellbeing of others, but the firm does not compensate those others. It is a case of______.
...A 'Credit Rating Agency' like CRISIL or ICRA primarily assesses:
Suppose after paying bills and setting aside some money for retirement, Joana has $130 left to spend on just two goods: concerts and books. For simplici...