What type of economy is followed in India?
Traditional Economy: Economic system based on goods, services, and work, all of which follow certain established trends. Command Economy: A dominant centralized authority – usually the government – that controls a significant portion of the economic structure. Market Economy: Economic system based on the concept of free markets. Mixed Economy: Economic system that combine the characteristics of the market and command economic systems.
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A mixed economic system is a system that combines aspects of both capitalism and socialism. This means that some industries are controlled by private businesses and individuals, while other industries are controlled by the government.
In which year was the constituent assembly established?
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The constituent assembly was formed in 1946 on the basis of the cabinet mission plan.
When was Objective Resolution moved and by who?
26 December 1946, Jawaharlal Nehru 13 December 1946, Jawaharlal Nehru 26 November 1946, Dr. B R Ambedkar 9 December 1946, Dr. Rajendra Prasad
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On 13 December 1946, Jawaharlal Nehru moved the ‘Objective Resolution’. Objective Resolution enshrined the aspirations and values of the constitution-makers.
Fundamental Rights are described in which articles of Indian Constitution?
Article 12 to 35 Article 14 to 32 Article 14 to 35 Article 12 to 32
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Article 12 to 35 contained in Part III of the Constitution deals with Fundamental Rights.
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
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'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.
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