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.
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
Which Act abolished the administration system in India?
- Pitt’s India Act of 1784
- Government of India Act of 1858
- Charter Act of 1913
- Regulating Act of 1773
The Regulating Act of 1773 abolished the administration system in India. This was the first step taken by the British government to control and regulate the affairs of the East India Company in India, as well as the first time the Company's political and administrative functions were recognized.
Which innovative discussion process is introduced by the Indian parliament to the World Parliamentary systems?
- Question hour
- Zero hour
- Resolutions
- Presidential Speech
Zero hour refers to the leftover time after question hour in Indian Parliament. During this time members are allowed to raise matters of importance without giving any prior notice. Zero hour is entirely at the discretion of the Speaker as there is no constitutional provision with regard to this.
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.