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.
The Charter was issued to the East Indian Company in 1600 by whom?
- King Charles II
- Queen Elizabeth I
- Queen Victoria
- Queen Mary
On December 31, 1600, Queen Elizabeth I issued the Royal Charter to the East India Company. The British East India Company established trading facilities on the east and west coasts of India as well as in Bengal as a result of this Charter.
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.
Where in the sky would the Pole Star appear to an observer situated on the North Pole?
- At a fixed point on the horizon
- Perpetually below the horizon and invisible
- It depends on the time of the year
- At the zenith (exactly overhead)
The North Star or Pole Star is famous for holding nearly still in our sky while the entire northern sky moves around it. That's because it's located nearly at the north celestial pole
Why does a star produce its own light and heat?
- Nuclear fission
- Nuclear fusion
- Chemical reaction
- None
Stars are huge celestial bodies made mostly of hydrogen and helium. Heat and light energy produced by the stars are due to the fusion reaction of hydrogen atoms.
