The full form of the self-employment programme REGP is _______.
Rural Employment Generation Programme
The correct full form of REGP is "Rural Employment Generation Programme," which is a government initiative aimed at providing employment opportunities to rural areas. The program primarily focuses on generating self-employment and improving the economic conditions of rural areas through small-scale enterprises. Therefore, option 1 is the correct answer.
What is constant along an isoquant?
During the first stage of a total product curve, the total product is ______
| (i) Stage-I | (a) Total product declines, Marginal product is negative |
| (ii) Stage-II | (b) Total product increases at an increasing rate, marginal product positive |
| (iii) Stage-III | (c) Total product increases at a diminishing rate, marginal product is zero. |