Indian Economy Questions

In India all of the following are sources for government revenue, except?

What situation would result if Government expenditure exceeds the Government revenue on Current Account?

Which answer figure will complete the pattern?

The market for sugar is in equilibrium. If the supply of sugar increases, the equilibrium price of sugar will ________ and the equilibrium quantity will _________.

In which of the following case, law of demand fails?

Goods for which demand move in the opposite direction of the income of the consumer are called?

If the ___________ firm has zero costs or only has fixed cost, the quantity supplied in equilibrium is given by the point where the average revenue is zero.

If quantity of good X demanded increases from 2300 to 2700 when price of good Y increases from Rs. 45 to Rs. 55, find Arc Cross elasticity of demand?