Explain the concept of indifference sche...

Explain the concept of indifference schedule and the elements on which the schedule is based.

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An indifference schedule is based on the assumption that

The consumer consumes only two goods

Preferences are ordinal.

Marginal rate of substitution is decreasing

All the above

A scheduled bank is one

which conforms to the requirements of Schedule III of the Banking Regulation Act, 1949

which has been declared as a scheduled bank by the Government of India

which has deposits exceeding ₹ 10 crore

which has its name added to the second schedule of the Reserve Bank of India Act, 1934

A scheduled bank is the one which is included in the

II Schedule of Banking Regulation Act

II Schedule of Constitution

II Schedule of RBI Act

All of these