Question
In a village election between two candidates, the winner
secured 65% of the total votes cast and won by a majority of 9000 votes. How many votes did the losing candidate get?Solution
Total votes cast = 100% % of votes secured by winner = 65% % of votes secured by loser = 100 – 65 = 35% Majority = Votes secured by winner – Votes secured by loser = 65% – 35% = 30% Votes secured by losing candidate = 35/30 × 9000 = 10500
An employee has a basic pay of Rs. 12000 and a D.A. of 12% in 1997. If the employee should get a 5% rise in real income each year, what should be the DA...
PM SVANidhi Scheme is one of the major safety net programmes launched during the Pandemic. What is the main objective of the Scheme?
The primary deficit in a government budget will be zero, when _______
During which plan, there was focus on indigenous growth?
Consider a bargaining game:
Find pure strategy Nash equilibrium.
The marginal cost of production is MC=0.3x+4, determine the cost involved to increase production from 70 to 100 units.
Employing a lawyer to draft and enforce a private contract between parties wishing to solve an externality problem is an example of a(n) ______________cost
Suppose the following bilateral spot exchange rates are being quoted for the Danish krone (DKK), the US dollar (US$) and the euro (€):
US$/€ ...
What is the elasticity of the demand curve when P=10 and Q=20 and the inverse of slope of the demand curve is -2?
What is the Fiscal deficit budgeted for 2024-25 as per the Union budget?