As per Limitation Act, 1963 S. 21. Effect of substituting or adding new plaintiff or defendant. —(1) Where after the institution of a suit, a new plaintiff or defendant is substituted or added, the suit shall, as regards him, be deemed to have been instituted when he was so made a party: Provided that where the court is satisfied that the omission to include a new plaintiff or defendant was due to a mistake made in good faith it may direct that the suit as regards such plaintiff or defendant shall be deemed to have been instituted on any earlier date. (2) Nothing in sub-section (1) shall apply to a case where a party is added or substituted owing to assignment or devolution of any interest during the pendency of a suit or where a plaintiff is made a defendant or a defendant is made a plaintiff..
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
For fixed proportion production function, the elasticity of substitution is
Bilateral Monopoly is the case where
If rxy = 0.4, then r(2x, 2y) is equal to:
Suppose the regression specification y(hat) = a + βx + l z + ε was estimated as y = 5 + 6x + 7z. We have a new observation for which x = 5 and z = ...
If the total revenue from sales of X is given by the equation R=100Q-2Q^2. What is the point elasticity of demand when MR=20
Which of the following four-firm concentration ratios is most consistent with perfect competition?
Suppose the wedding dress industry is a perfectly competitive constant cost industry. Suppose also that market demand for wedding dresses is described b...
Let the correlation coefficient between X and Y be 0.6. Random variables Z and W are defined as Z=X+5 and W=Y/3. What is the correlation coefficient bet...
I f Rs. 10 crores are invested in public works and MPS is 0.25, then the increase in income would be