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Darjeeling tea was the first Indian product that was awarded the GI tag in 2004. Geographical indications are intellectual property rights which gives a sign to particular product from definite geographical origin and assure about its exclusive quality. It distinguishes the original product from other products in the market which helps in fetching premium price especially from the developed countries. The GI tags are of great significance as they boost exports and promote economic prosperity of the producer thereby leading to sustainable development. It is a mark of authenticity and ensures that registered authorized users or at least those residing inside the geographic territory are allowed to use the popular product names.
According to the Economic Survey 2023-24, what measures helped reduce core inflation in India to a four-year low in FY24?
If a country’s policy makers were to continuously use expansionary monetary policy in an attempt to hold unemployment below the natural rate the long-...
Expansionary fiscal policy in the classical model will cause aggregate demand to-----potential output?
GDP at market price is given by?
Lorenz Curve is given by:
L(x) = 1/3 (X^3) + 2/3 (x^5). Calculate Gini Coefficient.
What is the dual problem for given linear programming problem?
Z = Max (4x1 + 5x2 + 7x3)
s.t. 3x1 + x2 + 6x3 <= 3
x1 + 2x2 + x...
A country imposes a 10% tariff on imported vehicles but no tariff on imports of machinery or other inputs to the manufacture of vehicles. Suppose that u...
Which of the following is not correct regarding adjusted R2?
...For the following demand curve, Q=10P-2 , calculate the profit made by the monopolist when Marginal cost is Rs.2
Consider the following production function
Q = 20L – 0.2L2 – 20K + 0.2 K2 + 4KL
If 20 units of capital i...