Name the economist who gave the theory of “Comparative Advantage.”
- Adam Smith
- David Ricardo
- Thomas Robert Malthus
- Amartya Sen
David Ricardo was a classical economist best known for his theory on wages and profit, the labor theory of value, the theory of comparative advantage, and the theory of rents.
If there is a deadlock between Rajya Sabha and Lok Sabha over an ordinary bill, it will be resolved by
- The President
- The Council of Ministers
- The Joint Session of Parliment
- The Supreme Court
The Joint Session of Parliament resolves the deadlock between Rajya Sabha and Lok Sabha over an ordinary bill.
Which one is not the Component of the Preamble?
- Sovereign
- Secular
- Hostility
- Democratic Republic
The preamble declares India to be a sovereign, socialist, secular, and democratic republic. The objectives stated by the Preamble are to secure justice, liberty, and equality for all citizens and promote fraternity to maintain the unity and integrity of the nation.
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.
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.