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.
×
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.
For how many years the charter gave the company a monopoly to trade with the east and west coasts of India?
- 10 Years
- 20 Years
- 15 Years
- Indefinite Years
×
For an initial 15 years, the charter granted the company a monopoly on trade with India's east and west coasts.
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
×
On 13 December 1946, Jawaharlal Nehru moved the ‘Objective Resolution’. Objective Resolution enshrined the aspirations and values of the constitution-makers.
The nature of the Indian Constitution-
- Unitary
- Federal
- Quasi Federal System
- Parliamentary
×
Indian constitution is federal in form and unitary in spirit. The meaning of the quasi-federal system is both federal and unitary. In Unitary Constitution the supreme governing authority of a state is concentrated in a single place(Central Government). In this constitution, the supreme power is divided between the central and state government, and both governments are independent in their domain.
Big bang theory was proposed by
- Georges Lemaitre
- Hermann Bondi
- Thomas Gold
- Hoyle
×
Georges Lemaitre was a Belgian cosmologist, Catholic priest, and father of the Big Bang theory.
