For how many years the charter gave the company a monopoly to trade with the east and west coasts of India?
10 Years 20 Years 15 Years Indefinite Years
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For an initial 15 years, the charter granted the company a monopoly on trade with India's east and west coasts.
Who is called the father of macroeconomics?
Alfred Marshall John Maynard Keynes Adam Smith Leon Walras
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Macroeconomics as a modern discipline began with the publication of John Maynard Keynes's General Theory of Employment, Interest, and Money where he offered a new theory of economics that evolved into Keynesian economics.
The Charter was issued to the East Indian Company in 1600 by whom?
King Charles II Queen Elizabeth I Queen Victoria Queen Mary
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On December 31, 1600, Queen Elizabeth I issued the Royal Charter to the East India Company. The British East India Company established trading facilities on the east and west coasts of India as well as in Bengal as a result of this Charter.
Who was the first temporary chairman of the Constituent Assembly?
BN Rau Harendra Coomar Mookerjee Dr. Sachchidananda Sinha Dr. Rajendra Prasad
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Dr. Sachchidananda Sinha was appointed as the interim(temporary) chairman of the Constituent Assembly.
What type of economy is followed in India?
Traditional Economy: Economic system based on goods, services, and work, all of which follow certain established trends. Command Economy: A dominant centralized authority – usually the government – that controls a significant portion of the economic structure. Market Economy: Economic system based on the concept of free markets. Mixed Economy: Economic system that combine the characteristics of the market and command economic systems.
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A mixed economic system is a system that combines aspects of both capitalism and socialism. This means that some industries are controlled by private businesses and individuals, while other industries are controlled by the government.
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