Tata Motors’ purchase of iconic British luxury car maker Jaguar Land Rover ($2.3 billion) has proved to
be a master stroke.
(Source (edited): https://economictimes.indiatimes.com)
State whether the above transaction will be recorded under the Debit side or the Credit side of Balance
of Payments. Give a reason.

Net factor income from abroad (-) 30
(j) Consumption of fixed capital 120

Refer to the diagram given below and choose the correct statement.

Identify the form of market referred to in the above passage. Name any two industries which come under
the same market form.

Abhinav derives total utility of 11 utils after consuming 4 mangoes and 9 utils after consuming 6 mangoes.
What is his marginal utility on consuming the 6th mango?

Law of Variable Proportions is NOT applicable when:

What is meant by primary deficit?