For how many years the charter gave the company a monopoly to trade with the east and west coasts of India?
- 10 Years
- 20 Years
- 15 Years
- Indefinite Years
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For an initial 15 years, the charter granted the company a monopoly on trade with India's east and west coasts.
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.
________ 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
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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.
What type of economy is followed in India?
- Traditional Economy: Economic system based on goods, services, and work, all of which follow certain established trends.
- Command Economy: A dominant centralized authority – usually the government – that controls a significant portion of the economic structure.
- Market Economy: Economic system based on the concept of free markets.
- Mixed Economy: Economic system that combine the characteristics of the market and command economic systems.
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A mixed economic system is a system that combines aspects of both capitalism and socialism. This means that some industries are controlled by private businesses and individuals, while other industries are controlled by the government.
Where in the sky would the Pole Star appear to an observer situated on the North Pole?
- At a fixed point on the horizon
- Perpetually below the horizon and invisible
- It depends on the time of the year
- At the zenith (exactly overhead)
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The North Star or Pole Star is famous for holding nearly still in our sky while the entire northern sky moves around it. That's because it's located nearly at the north celestial pole
