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It was developed by the RBI in 2021, without any ‘base year', and is published in July every year. It captures information on various aspects of financial inclusion in a single value ranging between 0 and 100, where 0 represents complete financial exclusion and 100 indicates full financial inclusion.It comprises three broad parameters (weights indicated in brackets) viz., Access (35%), Usage (45%), and Quality (20%) with each of these consisting of various dimensions, which are computed based on a number of indicators.
T he Golden Rule of Capital in the Solow Growth Model is that level of steady-state capital per worker where,
             I.  Â...
When R2 = 0, the estimated line (SRF) liesÂ
What is the mean of a data if its Pearson's coefficient of skewness is 0.25, standard deviation is 6 and mode is 18
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
I = 200 − 10...
Consider a bargaining game:
Find pure strategy Nash equilibrium.
The Diamond-water Paradox shows us that ?
In a two variable linear regression model, four X and Y values were given and value of F statistic needs to be calculated. Regression equation of X on Y...
What is the standard deviation of first n natural numbers?
An economist calculated the cross-price elasticity of demand for nicknacks and gizmos and got -0.5. What can she conclude about the relationsh...
A company using first-degree price discrimination has a demand curve given by P=100−2Q. If the marginal cost of production is $10 per unit, what is th...