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Question : The marginal propensity to consume (MPC) is 0.75. If there is an autonomous increase in investment spending of INR 1,000, what will be the change in equilibrium income?

Option 1: INR 750
    

Option 2: INR 1,000
   

Option 3: INR 1,333.33

 

Option 4: INR 4,000

Team Careers360 17th Jan, 2024

Correct Answer: INR 4,000


Solution : The correct answer is (D) INR 4,000

Given the marginal propensity to consume (MPC) of 0.75, the marginal propensity to save (MPS) can be calculated as 1 - MPC, which is 1 - 0.75 = 0.25.

The multiplier (K) can be calculated as:

K

13 Views

Question : The first high court in India was established in _______.

Option 1: 1860

Option 2: 1862

Option 3: 1867

Option 4: 1857

Team Careers360 23rd Jan, 2024

Correct Answer: 1862


Solution : The correct answer is 1862.

It was formally known as the High Court of Judicature at Fort William. The first high court in India was established in Calcutta (now Kolkata) in the year 1862 during British rule. After the Sepoy Mutiny in 1857, the

64 Views

what type of questions are asked in uceed

Tanya Gupta 5th Jan, 2024

Hello,


UCEED questions cover design aptitude, sketching, creativity, logical reasoning, and problem-solving. They explore visual perception, analytical and critical thinking, and general awareness of design-related topics. The exam emphasizes creativity and the common understanding while also assessing overall aptitude rather than specific academic knowledge.


I hope this helps,


Thank you

173 Views

should I apply for nift entrance exam in class 11th also

Tanya Gupta 3rd Jan, 2024

Hello,

National Institute of Fashion Technology (NIFT) is an autonomous institute offering courses in fashion, technology, and management.

The short answer to your question is no that you cannot apply for nift before class 12th As nift is a bachelor's degree in fashion And the bachelors can only be done

76 Views

During nift entrance exam do we have to give both GAT (general apptitude test) as well as CAT (creative ability test) for Fasion designing ?

Akansha Sharma 21st Dec, 2024

Yes, for the NIFT entrance exam in Fashion Designing, you are required to give both the GAT (General Aptitude Test) and the CAT (Creative Ability Test). The GAT assesses your general knowledge, quantitative ability, and reasoning skills, while the CAT evaluates your creative skills, including drawing and visualization. Both tests

123 Views

which top b-school colleges can I prefer with my XAT 2024 scores

Tanya Gupta 12th Jan, 2024

Hello,

With you XAT score 2024 here are top colleges you can aim for and accept XAT are XLRI - Xavier School of Management,BNM Institute of Technology,FORE School of Management,Goa Institute of Management,IMT Ghaziabad,Jagannath International Management School Kalkaji,Christ University,K j Somaiya Institute of Management,MICA

hope this helps you ,

Thank

39 Views

can I appear for nift 2024 exam but the nift exam will be held on Feb 1st week but my 12th boards are after nift exam????

Akansha Sharma 20th Dec, 2024

Yes, you can appear for the NIFT 2024 exam even if your 12th board exams are scheduled after the NIFT exam. NIFT allows students to take the exam as long as they are in their final year of school education. If you qualify for the exam, you can submit your

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