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.
________ implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of wellbeing.
- National Happiness Index
- Psychological Wellbeing Index
- Living Standards Index
- Community Vitality Index
Gross National Happiness (GNH), sometimes called Gross Domestic Happiness (GDH), it provides a way for the country to understand and enact progress based on the society's value of happiness.
Which theory explains the origin of the universe?
- Geocentric Model
- Heliocentricity
- Big Bang Theory
- Pulsating Theory
The Big Bang was 13.8 billion years ago when the universe began as a tiny, dense, fireball that exploded.
What is the pulsating theory of the universe?
- A cosmological model that combines both the Big Bang and the Big Crunch as part of a cyclical event
- An expansion and contraction of the star as a whole in a regular periodic pulsation
- All the matter of the universe was present in a single place in the form of hot and dense fireball
- Counting of the galaxies is constant and new galaxies which are forming continuously are filling the empty spaces
Sir J.C. Bose proposed a theory of the ascent of sap known as the pulsation theory. The Pulsating Universe Theory says that the universe follows self-sustaining cycles such as expanding and contrasting.
Name the branch of astronomy that involves the origin and evolution of the universe.
- Cosmology
- Meteorology
- Petrology
- Orology
Cosmology is "the scientific study of the large-scale properties of the universe as a whole."