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.
Why does a star produce its own light and heat?
- Nuclear fission
- Nuclear fusion
- Chemical reaction
- None
×
Stars are huge celestial bodies made mostly of hydrogen and helium. Heat and light energy produced by the stars are due to the fusion reaction of hydrogen atoms.
________ implies that sustainable development should take a holistic approach towards notions of progress and give equal importance to non-economic aspects of wellbeing.
- National Happiness Index
- Psychological Wellbeing Index
- Living Standards Index
- Community Vitality Index
×
Gross National Happiness (GNH), sometimes called Gross Domestic Happiness (GDH), it provides a way for the country to understand and enact progress based on the society's value of happiness.
In which of these constellations does the current Pole Star, Polaris, lie?
- Ursa Minor
- Orion
- Ursa Major
- Corona Borealis
×
Ursa Minor, or the 'Little Bear', is a relatively conspicuous constellation, visible from the latitudes 90 degrees North to 10 degrees South. It is 'circum-polar', i.e. always visible in the sky, above 20 degrees North latitude.
Which of the following is not a fundamental right?
- Right to Equality
- Right to Life
- Right to Property
- Right against Exploitation
×
The Morarji Desai government eventually scrapped the fundamental right to property with the 44th Constitutional Amendment in 1978.
