Who is considered as the father of economics?
Alfred Marshall Adam Smith David Ricardo Esther Duflo
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Adam Smith was an 18th-century Scottish philosopher. He is considered the father of modern economics. He published “The Wealth of Nations” in 1776.
Constitution day of India is celebrated on
26th November 1949 26th November 1948 26th January 1950 26th November 1946
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The Constitution of India was adopted by the Constituent Assembly on 26th November 1949 and came into force on 26th January, 1950.
Who prepared the manuscript of the Constitution of India?
Shantiniketan Nandlal Bose Dr. B R Ambedkar Prem Behari Narain Raizada
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Prem Behari Narain Raizada was an Indian calligrapher. He is notable for being the calligrapher who hand-wrote the Constitution of India.
What was the comparative advantage theory of David Ricacrdo?
When a country can produce a good or service at a lower opportunity cost than another country. Pursuit of self-interest, division of labor, and freedom of trade. A theory of free-market capitalism directly opposed to government intervention. A theory centers on entrepreneurship, knowledge, innovation and technological advancement.
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Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
The nature of the Indian Constitution-
Unitary Federal Quasi Federal System Parliamentary
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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.
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