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Given Data: Monthly Income = Rs. 6500 Savings (36%) = Rs. 2340 Expenditure = Rs. 4160 (Income - Savings) Changes: Expenditure decreased by 35% → New Expenditure = 4160 - 35% of 4160 = Rs. 2704 Savings increased by 35% → New Savings = 2340 + 35% of 2340 = Rs. 3159 New Income: New Income=New Expenditure + New Savings = 2704+3159=5863 Change in Income: Change Change=5863−6500=−637 Income decreased by Rs. 637.
The Paris Agreement is a legally binding international treaty on climate change whose overarching goal is to hold the increase in the global average t...
The US administration announced that US officials would not attend the 2022 Winter Olympics due to diplomatic boycott. The 2022 Winter Olympics was sche...
Consider the following statement/s about Expansionary Monetary Policy:
I. An expansionary monetary policy is focused on increasing the money supp...
According to the Harrod - Domar growth model, the GDP is ___
Which of the following statement/s is/are True?
I- The formation of the IMF was initiated in 1944 at the Bretton Woods Conference.
II- It ...
RBI recently mandated that the NBFCs must constitute nomination and remuneration committee (NRC) and this NRC will ensure the implementation of ICAAP- a...
India is regarded as a country with “Demographic Dividend’’. This is due to
What is Investment?
The provisions relating to promissory notes have been incorporated in which among the following acts?
SVAMITVA Scheme of the Ministry of Panchayati Raj is a Central Sector Scheme that has significantly contributed to the empowerment of rural communities ...
