For the following questions answer them individually
Which of the following pairs of goods is/are likely to have a positive cross price elasticity of demand?
(1) Cars and Petrol
(2) Tea and Coffee
(3) Rice and Air-tickets
Which of the following statements is true?
(1) The demand curve is a horizontal straight line in perfect competition
(2) Monopoly makes super-normal profits, with barriers to entry
__________ was the fast Development Financial Institution of India set up to propel economic growth through development of infrastructure and industry in _______
What is constant along an indifference curve.
(1) Level of Utility
(2) Level of Output
(3) Level of Price
Which branch of economics deals with the study of the economic activities of individual units?
Jammu and Kashmir FRBM Act, 2006 has been passed as per the recommendation of __________
Delicensing means abolishing the requirement of an industrial license to
(i) set up a new unit
(ii) substantially expand an existing unit
(iii) change the location of an existing unit
(iv)) change the product mix of an existing unit
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