_______ 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
×
Microeconomics is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
Which one is not the Component of the Preamble?
- Sovereign
- Secular
- Hostility
- Democratic Republic
×
The preamble declares India to be a sovereign, socialist, secular, and democratic republic. The objectives stated by the Preamble are to secure justice, liberty, and equality for all citizens and promote fraternity to maintain the unity and integrity of the nation.
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.
×
Comparative advantage is an economy's ability to produce a particular good or service at a lower opportunity cost than its trading partners.
When was Jana Gana Mana adopted as our national anthem?
- 25 January 1950
- 24 January 1950
- 26 January 1950
- 26 November 1949
×
On 24 January 1950, ‘Jana Gana Mana’ was adopted as the national anthem.
Procedure for Amendment in Indian Constitution is given in which article?
- Article 332
- Article 318
- Article 368
- Article 364
×
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.
