Indian Economy Questions

If price of an article decreases from Rs 80 to Rs 60, quantity demanded increases from 600 units to 750 units. Find point elasticity of demand?

If a country devalues its currency, its _______________

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

Calculate a country's GDP if for the year, consumer spending is $400 million, government spending is $150 million, investment by businesses is $80 million, exports are $35 million and imports are $40 million.

Rate of the growth of an economy is measured in terms of

In a period when an economy is facing price rise, and along with that there is slowing down of economy activities, this is case of _________.

If the fixed costs of a factory producing candles is Rs 20,000, selling price is Rs 30 per dozen candles and variable cost is Rs 1.5 per candle, what is the break-even quantity?

Which of the following is NOT included in general methodology while assessing the national income?