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.
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.
Who has the power to create new states?
Parliament of India Chief Justice of India Governor State legislatures
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Article 3 assigns to Parliament the power to enact legislation for the formation of new States. Parliament may create new States in a number of ways, namely by (i) separating the territory from any State, (ii) uniting two or more States, (iii) uniting parts of States, and (iv) uniting any territory to a part of any State.
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.
_______ is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Macroeconomics Neo-classical economics Microeconomics Monetarist economics
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Microeconomics is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
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