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.
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.
By whom and when did the idea of a constituent assembly was first proposed
- Dr. Sachinand Sinha, 1949
- Dr. Rajendra Prasad, 1949
- Dr. B.R Ambedkar, 1946
- M.N. Roy, 1934
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The idea of a constituent assembly was first proposed in 1934 by M.N. Roy. However, the actual constituent assembly was formed in 1946 on the basis of the cabinet mission plan.
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.