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.
When was Jana Gana Mana adopted as our national anthem?
- 25 January 1950
- 24 January 1950
- 26 January 1950
- 26 November 1949
On 24 January 1950, ‘Jana Gana Mana’ was adopted as the national anthem.
How do we consider a Constitution rigid or flexible?
- Based upon the provisions made for its amendment
- Based upon Constitutional Supremacy
- Based upon Parliamentary Supremacy
- Based upon Judicial Review
On the basis of amendments, a constitution can be classified into the categories of rigid and flexible. A rigid constitution is one that can't be amended easily, i.e., the US Constitution. A flexible constitution is one that can be amended easily, i.e., Britain.
The Charter was issued to the East Indian Company in 1600 by whom?
- King Charles II
- Queen Elizabeth I
- Queen Victoria
- Queen Mary
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.
What Are Constellations?
- A group of stars that appears to form a pattern or picture
- Small chunks of ice and rock come from the outer edge of the solar system
- Collection of billions of stars
- Small irregularly shaped rocks made up of metal or minerals
A constellation is an area on the celestial sphere in which a group of visible stars forms a perceived pattern or outline.
