The Government of India in the Month of November 2015 decided to allow foreign portfolio investors (FPIs) to increase stakes in local defence units to 49%. What was the earlier permissible rate?
A beedi making workshop can hire 5 women by paying them Rs. 300 per day. The 6th woman demands Rs. 350 per day. If this woman is hired then all other women must be paid Rs. 350. The marginal resource (labour) cost of the 6th woman is