Indian Economy Questions

In which of the following types of economy are the factors of production owned individually?

In 2015, the nominal rate of interest in a country was 8% and the inflation rate then was 2.5%. So real rate of interest in 2015 was

If a person's income increases from Rs 20 lakhs per year to Rs 24 lakhs per year and tax increases from Rs 3,50,000 to Rs 4,00,000 the marginal tax rate is

The Law of Demand is based on the concept that people _______.

The __________ exchange rate is the price of one unit of foreign currency in terms of domestic currency.

"Residex Index" is associated with which of these?

The 14th Finance Commission has recommended increase in States share in net proceeds from tax collection from 32% to

If price of an article decreases from Rs P1 to Rs 75, quantity demanded increases from 1000 units to 1200 units. If point elasticity of demand is ­3.2 findmP1?