Question

2. State whether the economy is equilibrium or not 1. Autonomous consumption and Investment expenditure (A) 700
2. Marginal propensity to consume (MPC) 0.8
3. National income 4000 crore
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Answer 1

Answer:

The Cabinet Secretariat is responsible for the administration of the Government of India (Transaction of Business) Rules, 1961 and the Government of India (Allocation of Business) Rules 1961, facilitating smooth transaction of business in Ministries/ Departments of the Government.