_______ 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
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Microeconomics is the study of the behavior of individuals and firms in making decisions such as consumers, resource owners, and firms.
The Charter was issued to the East Indian Company in 1600 by whom?
- King Charles II
- Queen Elizabeth I
- Queen Victoria
- Queen Mary
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On December 31, 1600, Queen Elizabeth I issued the Royal Charter to the East India Company. The British East India Company established trading facilities on the east and west coasts of India as well as in Bengal as a result of this Charter.
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.
The nature of the Indian Constitution-
- Unitary
- Federal
- Quasi Federal System
- Parliamentary
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Indian constitution is federal in form and unitary in spirit. The meaning of the quasi-federal system is both federal and unitary. In Unitary Constitution the supreme governing authority of a state is concentrated in a single place(Central Government). In this constitution, the supreme power is divided between the central and state government, and both governments are independent in their domain.
Which Act abolished the administration system in India?
- Pitt’s India Act of 1784
- Government of India Act of 1858
- Charter Act of 1913
- Regulating Act of 1773
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The Regulating Act of 1773 abolished the administration system in India. This was the first step taken by the British government to control and regulate the affairs of the East India Company in India, as well as the first time the Company's political and administrative functions were recognized.
