Question
What is relevant for determination of whether the
supply is Intra-state or inter-state in GST?Solution
Intra-State Supply: Where the location of the supplier and the place of supply of goods or services are in the same State/Union territory, it is treated as intra-State supply of goods or services respectively. Inter State Supply: Where the location of the supplier and the place of supply of goods or services are in (i) two different States or (ii) two different Union Territories or (iii) a State and a Union territory, it is treated as inter-State supply of goods or services respectively.
During the first stage of a total product curve, the total product is
_____________________Effect is an effect that describes the relationship between an increase in productivity, higher exchange rates and an increase in w...
What is the value of elasticity of substitution in case of complements?
A and B constitute a random sample of size 2 from normal population with the mean µ and variance α2, find the efficiency of (A+2B)/3
GDPf = Gross Domestic Product at Factor Cost; GDPm = Gross Domestic Product at Market Price; NNPf = Net National Product at Factor Cost; C = Consumptio...
There are two firms in the market and they follow Cournot model. The demand curve faced by them is Q = 180 – P and the marginal cost of producing the ...
Let X1, X2 and X3 are three (Pairwise) uncorrelated random variables. The mean & variance of each variable is 0 and 3, respectively. Find the correl...
In a multiple regression model, the Durbin-Watson test statistic is 1.3, while the critical lower and upper values are 1.5 and 1.7 respectively. This im...
The __________________test in econometrics begins by assuming that a defining point exists and can be used to differentiate the variance of the error term.
National Sample Survey Organization (NSSO) provides estimates of magnitude of unemployment on the basis of different concepts. Which of the following i...
