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If I undestoos correctly you want to sell your USDT and buy Bitcoin. If that's correct, my best suggestion is to be out of all your digital assetsz but still if you want to remain invested in digital assets then you should shift to Doge. That will rise a lot becuase Elon Musk is supporting that. I myself don't trade in crypto currencies because a lot of frauds are happening in that asset class. You can lose your entire money anyday.

@visiontobemillionaire the Treasury Department publicly auctions off new issue T-Bills through TreasuryDirect weekly in short maturity lengths of four-week, eight-week, 13-week, 17-week and 26-week; 52-week bills go to auction every four week. When you buy, your money will go the Federal Government and the President will spend that money on people's welfare or even on military and wars. However, you will buy only if the interest rate is attractive for you. Thus it is the market demand for treasury bills and supply of treasury bills that determines T-Bill interest rates. The supply of T-Bills is determined by the US President and FED has no role in that decision. That is not the case with FFR decision by FED. It is their FOMC that determines Federal Funds rates and discount rates. The market has to follow these rates. To answer your question, if FED feels that market determined treasury rates are too high because of low market demand, FED under its open market operations, will buy treasury bonds to reduce the treasury interest rates and vice versa. Hence trasury rates are market determined and completely independent of FED decisions. Through its open market opearations, FED can change the interest rates by increasing or decreasing market demand for treasury bonds, but FED does not know how much interest rate market is willing to pay for the newly issued treasury bills. Sometimes FED increases interest rates and at the same time treasury department reduces taxes or sends money to people through checks and direct deposits to reduce interest rates. Both are indepenent arms of the governent and don't have to follow each other.

Thanks Arpita. I am glad you liked it

Yes, you are correct. India will produce and export glass bottles to

Thanks. Are you taking GATE Economics this year? Then you can email me at alakhns@gmail.com the question paper once you have, them with you and I will post the answer within 24 hours as I did last year. If you have some difficulty in finding the answer of any question before your exam, you can email me. I will respond. I am doing this free service as I get a lot of appreciation.

@alakhns Thank you for responding very gracious. I would be happy to seek help from you .

Has GATE finalized the challenged answers?

You have higher chance of getting admitted in your desired program.

@@alakhns not yet

@@devilmayc How did you do? You must be happy.

Question 1 to 26 are common for economics and sociology, that's why for that part I write Sociology also. Beyond Question 26 videos, I have not written Sociology.

@@alakhns Ohhk, but then that's not unique to Sociology. It's also the same for other disciplines under Humanities and Social Sciences like Psychology, Linguistics, Philosophy and English

@@dhruvgupta6389 Oh, then I will write for all. Actually a sociology student had told me that my answers were very helpful, so I had thought only economics and sociology have the common 26 questions!

My answer are different from NTA on 12, 28 and 47 which you can challenge and win for sure. Q 14, 23 are highly subjective, hence eventhough I am correct, we can not win. My answer matches on Q 39 and 44. You will get 4 more marks if you challenge. That will make a big difference, hence you should challenge Q 12, 28 and 47 only. 😊

Thank you sir for your feedback and precious time for solving my doubt🙏

Sir as per NTA an answer for question no 44 is 15 and our answer is 16.15 so shall I challange this question or not, and also one more thing that what about question number 16 and 21( as you say questions number 14 and 23 are highly subjective so there is no chance to challange the question and win).

@@ecodan5295 GATE answer for Q44 is in range of 15 to 17 so it is correct because 16 is in between. You will get the full 2 marks. No need to challenge. Question # 16 is MSQ hence both A&B are answers. About 21 also. So we can not win. It will be a waste of Rs1000 if you challenge. Please do not challenge them,

I have no idea about Sociology because I am a professor of Economics only.

Slightly (Conceptually) more difficult.

Yes, I am positive you will meet the cut-off. (Probability 0.7 in my assessment)

Probably 42 considering the average and difficulty level of last two year's exam vis-a-vis this year's exam. It can go down to 38 also as students are saying this year's exam was difficult than last year's. In 2021 the cut off was 29 and last year it was rounded to 52. However cut-off can go up to 46 also. My prediction range is 38 to 46 with mean 42😊.

Thanks, sure I will post more videos.

Please name one topic so that I am sure of your need.

@@alakhns sir like A Ship in Harbor is Safe, But That is Not What Ship is For. These days upsc ask more philosophical essays where you can answer from various perspective. Thanks in advance

@@devilmayc Ok, I will write on this during the week end. You will ove it.

Namaste

😀🤣

ek shi hua tha vo bhi wrong kr diya gate ne

@@hanikumar3080 Jab kismat kharab ho to hath men ka bater bhi ud jaata hai.

Thanks Dhruav, I was rated the best economics professor in the USA by mystudents and by colleagues as best economist on Wall Street Corporations. Now you confirm here also. When will JAM 2023 QP be out? If you have access you can email me at alakhns@gmail.com

@@alakhns I'm a bit sensitive about my name. Please edit and correct it to Dhruv, sir. There's no clarity on when the QP is going to be released, but I'll share with you whenever it's released.

@@dhruvgupta6389 Thanks. COrrected your name to Dhruv.

@@dhruvgupta6389 TH-cam says it will take a few hours for editing to take place.

Very good observation Dhruv! You are brilliant! What was your answer? The question setter is somewhat stupid. He put the condition that P >1 but did not put the condition that Q > 0. Since AFC and AVC both are declining continuously the point of profit maximization would be hard to find in 3 minutes that GATE gives. e.g. 26*4 = 104 - (10+8) Profit = 86 When Q = 1 P = 101 - 10 -4 = 87 When Q = 9 P = 12.1 PQ = 109 - 10 - 12 = 87 When Q = 25 P = 5. PQ = 125 - 10 - 20 = 85 When Q = 100 P = 1.01 PQ = 101, - 50 =51

@@alakhns Very much like the rest, I did 26 during the exam. However, I don't think there's an "integer" answer to this question, so it should be MTA.

There are 2 ways of profit maximization : using a profit function, or using the MR-MC approach. Let's see this particular question in both ways - Profit function is *minimized* at (P, Q) = (26, 4). MR-MC approach's 2nd condition that states "MC must be rising" is violated here. So both ways, it's incorrect. But this is obviously the choice everyone would make. So did I, during the exam 🤦🏻‍♂️🤷🏻‍♂️

@@dhruvgupta6389 What is the full form of MTA here?

@@alakhns MARKS TO ALL - the terminology used by the Gate authorities.

Almost the same, as conceptually (knowledge about theory of economics) was harder/deeper, but calculation wise it was easier as methematics was not very long to calculate.

I found this year's paper to be harder than 2022. 2022's paper was really very easy, that's why the cutoff jumped up to 52. I think it was comparatively difficult this year.

@@dhruvgupta6389 Probably you are correct. I heard so from two other students also, though to me both years look the same. However this year's paper needed deeper knowledge/understanding of economics , though mathematical calculation was less involved. They did nto ask input-output calculation. Do you mean 52 raw score out of 100 was the cut off point last year?

@@alakhns Yes it was 55.5/100 (raw score) last year. Max score was 88. While in 2021, the cutoff was 29.4/100, with Max score 62.67

@@dhruvgupta6389 I think section B was more confusing. I mean Eco was simple if one has good understanding. Those jumbled sentences, Msqs are where I am losing marks!

Yes Dhruv, you are correct. Congratulations! Answer is C. Right now I checked an article written in 1971.

@@alakhns Sadly I did (A). I thought it was unlikely to have Monthly Per Capita Consumption (MPCE) as the base for poverty line calculations in the 60s. I thought consumption replaced income as the criterion for poverty quite recently.

@@dhruvgupta6389 Oh! -10% was also sad. I still feel you will get very high percentile, 98 or above!

@@alakhns Hope so! ✌🏻

I see your point, but that is only demand side, When inflation is expected by all, producers don't sell now as they can get higher prices tomorrow. Workers will also ask for higher wages because of rational expectations..Hence SRAS will shift to the left. Also, real money supply will be less raising i and hence reducing z. The combined effect of all these will be lower GDP than before in the short run also.

@@alakhns 2 things... Firstly, Ques clearly says - Assume that LM Curve is unchanged. So money market changes are not to be considered. So effects on money supply and related factors are to be held constant. Secondly, the question asks us to consider the ISLM framework and not the AD-AS one. So I think we need to stick to the effect on IS curve only. The supply side is complicated, and then also it's short run, where we usually expect AS to be unchanged.

@@dhruvgupta6389 LM Curve unchanged means Federal Reserve does not increase or decrease money supply.But if prices change then LM curve automatically shifts. AD AS model is just derivation from ISLM model only. We see ADAS model comes in options. If there are expectations then even in the short run AS changes. What answer did you choose? Then I will see if your answer can be justified or not.

@@alakhns I did Option A, sir. That is, Equilibrium Income will increase.

In the question, it is given that (M/P) is fixed. So the price level does not change, when there is no change in Money balances. No change in LM, so no change in M or P or M/P in the short run. Expected price inflation just leads to a lower real interest rate, z here. And even if the price would have changed, it would have been a movement along the curve, rather than a downward shift of the curve.

No, operations were started in 1947. Most people get confused with its establishment in 1945. The answer is 1947.

In the official answer key, they've given 1945 as the answer, which I believe, is incorrect. Nevermind, as of now, IITK believes that it is 1945.

kitne bn rhe bhai

mine 55

What! NTA guys are that stupid! The correct answer is 1947, exactly 1st March 1947!

Excellent. When I complete my posts in the next 2 hours let me know how many you answered correctly. You seem to be the best candidate.

Congratulations Dhruv! What is your score and rank? I hope you are in the top 3!

​​@@alakhns AIR 5 😅 Marks 78.67 and GATE SCORE 906

No, it is +10% because the money is increasing from Rs1000 to 1100.

@@alakhns Yes but it is increasing for the lender, Ujala. The question says, "yield to maturity on this borrowing". So, ideally what is Amar receiving (yield) after the maturity period of 1 year? Isn't that (-)10% ? I mean, that's what I thought and did, please clarify.

@@dhruvgupta6389 YTM is always calculated for the lender only who is also called the investor. Before investing/lending the investor/lendor calculated the expected yield. The English of the question setter is not good. 😂

@@alakhns So do you think it's maybe (-)10% 😅

@@dhruvgupta6389 No, definitely not.

I don't know how to do that as I am new in this activity. I will try to create a Link site today. If you know please let me know. In the worst case I will email you if you give me your email address.

Your answer B is correct because that is the single best answer. Agreed English is bad there.

Uploading now from Q45 to 56 which should be complete in half an hour. Then will record and upload from 57 to 65, probably you may in 2 hours from now.

The question does not ask about current currency. Diner was never a currency. Had it been Dinar then Drachma would have been out.

If Diner is a typo error by GATE you will get credit, or all will get credit then.

ok sir

Not out yet. But if GATE answer differs, we will fight. GATE is sometimes wrong.

@@alakhns sure sir... happy to hear 😅

Sab ko main kal tak post kar dunga ( 24 hours from now).

Already posted from Q 18 to 26. Will post from 27 to 44 in the morning by 11.30 and from 45 to 65 by 4 PM. I have solved all the questions and am 100% confident. But making the video and uploading may take 3-4 hours. You will get the answers soon.

@@alakhns thank you sir

Please explain why you think so. I explained my view in video.

@@alakhns Plot the graph on Excel using all four options....by putting the value as 1,2,3,....., You will get the right option .....

@@sudhanshushekhar1785 Thanks. I had difficulty typing modX. I still have to learn methematical function use.

FOR 16 it will be both A and B

Why do you think so? I gave my explanation in video. What is your explanation?

@@saumyasingh2350 Voluptuous means attractively full, which is different from FAT or Plump which are unatrractive. So A should not be the answer. Are you a girl or a boy? Voluptuous is used for beautiful women who attract men at first sight because of their some well developed body parts! I am being indirect.

@@alakhns You're correct about Voluptuous... But petite and slender are also in attractive ways... So that indeed proves that the third words are attractive traits, therefore higher chances of it being correct.

@@alakhns My explanation for Q.10 is : I was able to solve it during the paper, and I've also confirmed from other yt videos. Simply calculate the area of the region that is not supposed to be in the shaded region (leaf-like structure). Subtract it twice from the sum of area of two semicircles. It gives us 18. Alternatively, you can consider them as 1/4th of a circle (Area of sector/quadrant). Double the area and then add the remaining shaded region. The remaining shaded region is the area of a small square - area of sector = 9 - 9π/4. Double it for both sides. Therefore, adding all areas gives 9π/4 + 9π/4 + 2(9-9π/4) = 18. The third method can be dividing the leaf-like structure into two right angled triangles and then solving... Ignoring the extra construction, because it gets complicated. Although this too gives 18.

8595709351

Yes, remembering Hessian and Jacobian matrix will save your precious time during exam.

Ok Yaman. I will do soon (within 3 to 5 days) as GATE Exam is nearby. However do you have any specific distribution in mind as Binomial, normal, Poisson, Geometric distribution etc are commonly discussed? I will definitely do that distribution else I will make the video on these distributions and tell the relationship between them or where to use them.