Question
Which of the following statements accurately describes
the Rajya Sabha? Statements: I. The Rajya Sabha is a permanent body that cannot be dissolved. II. The Rajya Sabha has the same authority as the Lok Sabha in legislative matters concerning the Union List.Solution
The Rajya Sabha, or the Upper House of India's Parliament, is indeed a permanent body and does not dissolve, with onethird of its members retiring every two years. However, it does not have the same legislative powers as the Lok Sabha, particularly in financial matters like Money Bills where it can only recommend amendments, which the Lok Sabha may accept or reject.
Consider a closed economy wherein
C = 0.8 Yd  , t = 0.25 , I = 900 – 50i , G = 800, L = 0.25 Y – 62.5i , M/P = 500
Where in Yd = Di...
Calculate the value of VIF in case of Multicollinearity, if the Ri2(Coefficient of auxiliary regression on independent variables) is 0.60 and...
Suppose that a firm has the cost function for a plant as given below
C(w, r, q) = 0.5q(w+r)
where q is output, w is the cost of labour l a...
National Sample Survey Organization (NSSO) provides estimates of magnitude of unemployment on the basis of different concepts. Which of the following i...
Which of the following is NOT a correct statement in the context of National income?
The regression equation is Y = β1X1i + ui and following is the sample,
Which of the following pairs is INCORRECT considering the constitutional provisions of the Comptroller and Auditor General of India?
In case of Cob web Model, Perpetual Oscillation is witnessed when
Suppose your data produces the regression result y = 10 +3x. Scale y by multiplying observations by 0.9 and do not scale x. The new intercept and slope ...
A and B constitute a random sample of size 2 from normal population with the mean µ and variance α2, find the efficiency of (A+2B)/3
