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.
When was Jana Gana Mana adopted as our national anthem?
- 25 January 1950
- 24 January 1950
- 26 January 1950
- 26 November 1949
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On 24 January 1950, ‘Jana Gana Mana’ was adopted as the national anthem.
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.
Fundamental Rights are described in which articles of Indian Constitution?
- Article 12 to 35
- Article 14 to 32
- Article 14 to 35
- Article 12 to 32
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Article 12 to 35 contained in Part III of the Constitution deals with Fundamental Rights.
When was Objective Resolution moved and by who?
- 26 December 1946, Jawaharlal Nehru
- 13 December 1946, Jawaharlal Nehru
- 26 November 1946, Dr. B R Ambedkar
- 9 December 1946, Dr. Rajendra Prasad
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On 13 December 1946, Jawaharlal Nehru moved the ‘Objective Resolution’. Objective Resolution enshrined the aspirations and values of the constitution-makers.