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The Union government has recently ordered all states and UTs to make six years the minimum age of admission for Class 1, by the New Education Policy (NEP) 2020. Hence, Statement 1 is correct. The new NEP pitches for a “5+3+3+4” design for formal schooling corresponding to the age groups 3-8 years (foundational stage), 8-11 years (preparatory stage), 11-14 years (middle stage), and 14-18 years (secondary stage). This brings early childhood education (also known as preschool education for children of ages 3 to 5 years) under the ambit of formal schooling.
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...