Question
The Reserve Bank of India (RBI) has notified that nearly
97.38 per cent of the Rs 2,000 bank notes have been returned to the banking system.According to the estimates by the bank,how much worth of the notes are still with the public ?Solution
The Reserve Bank of India (RBI) has notified that nearly 97.38 per cent of the Rs 2,000 bank notes have been returned to the banking system, and only about Rs 9,330 crore worth of the notes are still with the public.
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidies...
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
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In which year FRBM Act was enacted ?
 In the basic Solow model of growth
For a normal curve, X+-3sd lies within?
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
The "Tragedy of the Commons" is most directly associated with the problem of providing:
Within a country, the domestic price of a product will equal the world price if
Suppose X has income of Rs.500. He wants to maximise his expected benefit Z1/2 where Z is his money earned. He has two options, 1. Do not inv...