· Marginal propensity to save (mps) is a fraction which gives an idea of what proportion of the total additional income of the economy people wish to save as a whole. It gives us the ratio of total additional planned savings in an economy to the total additional income of the economy). · Subtracting the mps from 1, we get the marginal propensity to consume (mpc), which, in a similar way, is the fraction of total additional income that people use for consumption.
Pradhan Mantri Matsya Sampada Yojana (PMMSY) was launched in ________________.
In 2016, which one of the following currencies has been proposed to be added to the basket of IMF’s SDR?
Inland Waterways Authority of India is the statutory authority in charge of the waterways in India.It was constituted under IWAI Act-_______ by the Pa...
____________ has released World Air Quality Report.
When there is an official change in the exchange rate of domestic currency, then it is called:
Consider the following statements:
1. Coal sector was nationalized by the Government of India under Indira Gandhi.
2. Now, coal blocks are...
Which of the following statements is/are TRUE with respect to UIDAI ?
I.The UIDAI is a statutory authority established under the jurisdiction o...
The 'Ration Aapke Gram' scheme was recently launched in _____________.
Which Indian institution launches the Digital Payments Index (DPI)?
A market in which there are large numbers of sellers of a particular product, but each seller sells somewhat differentiated but close products is termed...
