Analyst Questions

Rachna Bisht Rawat is the author of the book "Kargil: Untold stories from the War".

West Bengal state government will observe Rosogolla Day on November 14 2018 to commemorate the first anniversary of the state’s famous sweet getting Geographical Indication (GI) tag as 'Bengal’s Rosogolla'.

The average propensity to consume (APC) is the ratio of consumption expenditures (C) to disposable income (DI), or APC = C / DI. 

Hence, APC = consumption/income.

In 1887 Congress passed the Interstate Commerce Act, making the railroads the first industry subject to Federal regulation. Congress passed the law largely in response to public demand that railroad operations be regulated.

Railroads discriminated in the prices they charged to passengers and shippers in different localities by providing rebates to large shippers or buyers. These practices were especially harmful to American farmers, who lacked the shipment volume necessary to obtain more favorable rates.

C. Rangrajan has written the book Growth & Finance.

A price floor is the minimum price that can be charged. A binding price floor occurs when the government sets a required price on goods at a price above equilibrium. Because the government requires that prices not drop below this price, that price binds the market for that good.

A binding price ceiling is one that is set below equilibrium price.

Lingaraja temple is  a lord shiva temple situated in Bhubaneshwar, Odisha. It is one of the oldest temples in India.