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.
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.
How many articles, parts, and schedules are in the Indian constitution?
- 395 Articles, 22 Parts, and 8 Schedules
- 395 Articles, 22 Parts, and 12 Schedules
- 385 Articles, 22 Parts, and 8 Schedules
- 385 Articles, 22 Parts, and 12 Schedules
At its enactment, it had 395 articles in 22 parts and 8 schedules. At about 145,000 words, it is the second-longest active constitution—after the Constitution of Alabama—in the world.
Who was the first temporary chairman of the Constituent Assembly?
- BN Rau
- Harendra Coomar Mookerjee
- Dr. Sachchidananda Sinha
- Dr. Rajendra Prasad
Dr. Sachchidananda Sinha was appointed as the interim(temporary) chairman of the Constituent Assembly.
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.