Political Parties Need to Win at Least Percent of Valid

question 21

Multiple Choice

Political parties need to win at least percent of valid votes polled in any four or more States at the general elections to the Lok Sabha to be recognized as National parties.

• A)two
• B)three
• C)four
• D)six

Identify the subject matter specialization within economics, e.g., microeconomics and macroeconomics.

Describe the roles and duties of various economic advisory bodies and government offices in formulating economic policies.

Analyze the shifts and movements on the production possibilities frontier and interpret their implications.

Understand how technological advancements affect the economy's production possibilities.

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Definitions:

Exclusive Right

A legal entitlement granting the holder sole permission to perform a specific action or use a particular property.

Literary Work

A work of fiction or non-fiction, either prose or poetry, which is recognized for its artistic value or intellectual content.

Salvage Value

The anticipated final value of an asset after concluding its operational life.

Depreciation Expense

An accounting method that allocates the cost of a tangible asset over its useful life, reflecting how much of the asset's value has been used up over a period.