Advertisements
Advertisements
State the behaviour of marginal product in the law of variable proportions. Explain the causes of this behaviour
Concept: undefined >> undefined
Explain the precautions that are taken while estimating additional income by the value-added method.
Concept: undefined >> undefined
Advertisements
State the different phases of change in the total product according to the Law of Variable Proportions. Use diagram
Concept: undefined >> undefined
What are the different phases in the Law of Variable Proportions in terms of Total Product ? Give reasons behind each phase. Use diagram.
Concept: undefined >> undefined
What do you understand by ‘parametric shift of a line’? How does a line shift when its (i) slope decreases, and (ii) its intercept increases?
Concept: undefined >> undefined
Measure the level of ex-ante aggregate demand when autonomous investment and consumption expenditure (A) is Rs 50 crores, and MPS is 0.2 and level of income (Y) is Rs 4000 crores. State whether the economy is in equilibrium or not (cite reasons).
Concept: undefined >> undefined
What is the law of variable proportions?
Concept: undefined >> undefined
Match the following:
| 1. | Prime Minister | A. | Seeds that give large proportion of output |
| 2. | Gross Domestic Product | B. | Quantity of goods that can be imported |
| 3. | Quota | C. | Chairperson of the planning commission |
| 4. | Land Reforms | D. | The money value of all the final goods and services produced within the economy in one year |
| 5. | HYV Seeds | E. | Improvements in the field of agriculture to increase its productivity |
| 6. | Subsidy | F. | The monetary assistance given by government for production activities. |
Concept: undefined >> undefined
Discuss the importance of credit in rural development.
Concept: undefined >> undefined
Explain the role of microcredit in meeting credit requirements of the poor.
Concept: undefined >> undefined
Critically evaluate the role of the rural banking system in the process of rural development in India.
Concept: undefined >> undefined
Answer the following question.
"Indian Rupee (₹) plunged to an all-time low of ₹ 74.48 against the US Dollar ($)".
− The Economic Times
In light of the above report, discuss the impact of the situation on Indian Imports.
Concept: undefined >> undefined
Answer the following question.
What precautions should be taken while estimating national income by value-added method? Explain.
Concept: undefined >> undefined
Define the following: Value Addition
Concept: undefined >> undefined
According to adjustable peg system (or Bretton Woods System ) of Exchange Rate ______.
Concept: undefined >> undefined
It is a conscious design to shape the socio-economic processes in order to achieve an objective?
Concept: undefined >> undefined
In which of the following type of economy are resources owned privately and the main objective behind economic activities is profit-making?
Concept: undefined >> undefined
When was the National Development Council (NDC) set up as an adjunct to the Planning Commission?
Concept: undefined >> undefined
When was NITI Aayog established?
Concept: undefined >> undefined
Who is the ex-officio chairman of the planning commission?
Concept: undefined >> undefined
