Who was the Constitutional Advisor of the Constituent Assembly?
- Dr. Sachinand Sinha
- Dr. B.N. Rau
- Dr. Rajendra Prasad
- H.C. Mukherjee
Sir Benegal Narsing Rau CIE was an Indian civil servant, jurist, diplomat and statesman known for his key role in drafting the Constitution of India. He was the Constitutional Advisor to the Constituent Assembly.
Who proposed the steady-state theory?
- Hermann Bondi
- Thomas Gold
- Sir James Jeans
- Fred Hoyle
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.
In which of the following year was the budget system introduced for the first time in India?
James Wilson, the British economist, presented the first-ever budget in India in 1860. He is credited with introducing a financial budget in India framed by the English model.
What does republic mean in the Indian Constitution?
- India is a Union of States
- The head of state is elected by people
- People have final authority in all the matters
- India has parliamentary system of government
'Republic' is a State in which supreme power is held by the people and their elected representatives. It has an elected head of state rather than a monarch.
Who is considered as the father of economics?
- Alfred Marshall
- Adam Smith
- David Ricardo
- Esther Duflo
Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. He published “The Wealth of Nations” in 1776.