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.
Who was the Constitutional Advisor of the Constituent Assembly?
Dr. Sachinand Sinha Dr. B.N. Rau Dr. Rajendra Prasad H.C. Mukherjee
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Sir Benegal Narsing Rau CIE was an Indian civil servant, jurist, diplomat and statesman known for his key role in drafting the Constitution of India. He was the Constitutional Advisor to the Constituent Assembly.
Which of the following is not a fundamental right?
Right to Equality Right to Life Right to Property Right against Exploitation
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The Morarji Desai government eventually scrapped the fundamental right to property with the 44th Constitutional Amendment in 1978.
People who regularly move in and out of poverty (for example small farmers and seasonal workers). The occasionally poor are rich most of the time but may sometimes have a patch of bad luck are called ______
Chronic poor Churning poor Transient poor Non-poor
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The churning poor are the people who go in and out of poverty (for example, small farmers and seasonal workers).
How do we consider a Constitution rigid or flexible?
Based upon the provisions made for its amendment Based upon Constitutional Supremacy Based upon Parliamentary Supremacy Based upon Judicial Review
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On the basis of amendments, a constitution can be classified into the categories of rigid and flexible. A rigid constitution is one that can't be amended easily, i.e., the US Constitution. A flexible constitution is one that can be amended easily, i.e., Britain.
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