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.
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 was the first Governor-General of British India?
- Lord Dalhousie
- Warren Hastings
- WIlliam Bentick
- Lord Cornwallis
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William Bentick became the first Governor-General of India after the Charter Act of 1833. He was the Governor-General of Bengal from 1828 to 1833 and the Governor-General of India from 1833 to 1835.
How much time did the framing of the Constitution take?
- 2 years 11 months
- 3 years
- 2 years 11 months 18 days
- 2 years 10 months
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From 9th December 1946 to 26th November 1949, the constitution of India was framed which came into force after two months of completion, that is on 26th January 1950, celebrated as the republic day of India.
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.