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.
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Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
How much time did the framing of the Constitution take?
- 2 years 11 months
- 3 years
- 2 years 11 months 18 days
- 2 years 10 months
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From 9th December 1946 to 26th November 1949, the constitution of India was framed which came into force after two months of completion, that is on 26th January 1950, celebrated as the republic day of India.
Who proposed the steady-state theory?
- Hermann Bondi
- Thomas Gold
- Sir James Jeans
- Fred Hoyle
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The steady-state theory was first proposed by Sir James Jeans in the 1920s, but it was reformulated by Fred Hoyle, Thomas Gold, and Hermann Bondi in 1948.
Which of the following is not a fundamental right?
- Right to Equality
- Right to Life
- Right to Property
- Right against Exploitation
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The Morarji Desai government eventually scrapped the fundamental right to property with the 44th Constitutional Amendment in 1978.
The nature of the Indian Constitution-
- Unitary
- Federal
- Quasi Federal System
- Parliamentary
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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.
