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The Balassa-Samuelson effect states that productivity differences between the production of tradable goods in different countries explain large observed differences in wages and in the price of services and between purchasing power parity and currency exchange rates. It suggests that an increase in wages in the tradable goods sector of an emerging economy will also lead to higher wages in the non-tradable (service) sector of the economy. The accompanying increase in prices makes inflation rates higher in faster-growing economies than it is in slow-growing, developed economies .
A civil court cannot issue commission in the following case
Which of the following is not true about a decree?
Section 114 of C.P.C. should be read with
Choose the correct code:
A. Chapter I Indian Contract Act, 1872.
B. Chapter II Indian Contract Act, 1872
C. Chapter III Indi...
Secondary evidence means and includes :
A surety is entitled to be indemnified by the principal debtor__________
As per the Companies Act the maximum number of directors in a public company can be _______________ and it can be more than the said number if the comp...
According to Section 2(1)(g) of the Arbitration & Conciliation Act 1996 - “legal representative” means-
______________ Act has an overring effect on the RTI Act, 2005
When High Court or any Sessions judge calls for to examine the record of any proceeding before any inferior court, it is known as