Name the economist who gave the theory of “Comparative Advantage.”
Adam Smith David Ricardo Thomas Robert Malthus Amartya Sen
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David Ricardo was a classical economist best known for his theory on wages and profit, the labor theory of value, the theory of comparative advantage, and the theory of rents.
Procedure for Amendment in Indian Constitution is given in which article?
Article 332 Article 318 Article 368 Article 364
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Article 368 in Part 20 of the Constitution deals with the power of parliament to amend the constitution and its procedures. The procedure of amending the constitution has been adopted from the constitution of South Africa.
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.
Who proposed the steady-state theory?
Hermann Bondi Thomas Gold Sir James Jeans Fred Hoyle
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The steady-state theory was first proposed by Sir James Jeans in the 1920s, but it was reformulated by Fred Hoyle, Thomas Gold, and Hermann Bondi in 1948.
Who is called the father of macroeconomics?
Alfred Marshall John Maynard Keynes Adam Smith Leon Walras
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Macroeconomics as a modern discipline began with the publication of John Maynard Keynes's General Theory of Employment, Interest, and Money where he offered a new theory of economics that evolved into Keynesian economics.
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