When did the East India Company?
- 31st December, 1600
- 13th December, 1598
- 31th December, 1609
- 11th December, 1603
On 31 December 1600, the British East India Company received a Royal Charter from the British monarch Elizabeth I to trade with the East Indies. Later, the company colonized the Indian subcontinent.
What was the comparative advantage theory of David Ricacrdo?
- When a country can produce a good or service at a lower opportunity cost than another country.
- Pursuit of self-interest, division of labor, and freedom of trade.
- A theory of free-market capitalism directly opposed to government intervention.
- A theory centers on entrepreneurship, knowledge, innovation and technological advancement.
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
The nature of the Indian Constitution-
- Unitary
- Federal
- Quasi Federal System
- Parliamentary
Indian constitution is federal in form and unitary in spirit. The meaning of the quasi-federal system is both federal and unitary. In Unitary Constitution the supreme governing authority of a state is concentrated in a single place(Central Government). In this constitution, the supreme power is divided between the central and state government, and both governments are independent in their domain.
Raja Rammohan Roy was the founder of
- Arya Samaj
- Brahmo Samaj
- Ram Krishan Mission
- Prarthna Samaj
On August 20, 1828, the first assembly of the Brahmo Sabha was held at Kolkata (Calcutta).
This Sabha was convened by religious reformer Raja Ram Mohan Roy for his family and friends settled there. Brahmo Samaj is the monotheistic reformist movement of the Hindu religion that appeared during the Bengal Renaissance.
Which innovative discussion process is introduced by the Indian parliament to the World Parliamentary systems?
- Question hour
- Zero hour
- Resolutions
- Presidential Speech
Zero hour refers to the leftover time after question hour in Indian Parliament. During this time members are allowed to raise matters of importance without giving any prior notice. Zero hour is entirely at the discretion of the Speaker as there is no constitutional provision with regard to this.
