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.
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.
Big bang theory was proposed by
- Georges Lemaitre
- Hermann Bondi
- Thomas Gold
- Hoyle
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Georges Lemaitre was a Belgian cosmologist, Catholic priest, and father of the Big Bang theory.
Which of the following activities is also referred to as the 'Gold Collar' profession?
- Primary
- Secondary
- Quinary
- Quaternary
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Quinary activities are services that focus on the creation, re-arrangement, and interpretation of new and existing ideas; data interpretation, and the use and evaluation of new technologies. Gold Collar Worker: Refers to highly-skilled knowledgeable people such as doctors, lawyers, scientists, and also young, low-wage workers who also get parental support.
When did the East India Company?
- 31st December, 1600
- 13th December, 1598
- 31th December, 1609
- 11th December, 1603
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On 31 December 1600, the British East India Company received a Royal Charter from the British monarch Elizabeth I to trade with the East Indies. Later, the company colonized the Indian subcontinent.
