Let, e be required identity element in $Q^+$ for the operation $\ast$.
$\Rightarrow \ a \ast e = e \ast a = a $ .....(1)
Now, $a \ast e = \frac{ae}{2}$ ......(2)
(By defn. of $a \ast b = \frac{ab}{2}$ (given)) and $e \ast a = \frac{ea}{2} $ .....(3)
$\therefore$ From equation (1) and (2) we have
$\frac{ae}{2} = a$
$\Rightarrow \ e = 2 $
Thus, identity element in $Q^+$ for $a \ast b = \frac{ab}{2}$ is 2.