Economic & Social Issues Topics
Postgraduate level — Economic & Social Issues
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filter_alt Topics
Growth & Development
Monetary Economics
Fiscal Federalism
Financial Markets
Social Sector Schemes
quiz Questions
Q31
Fundamental Duties are listed in
Article 356
Article 21
Part IVA
Article 32
Explanation
Part IVA was added by the 42nd Amendment.
Q32
Right to Equality is guaranteed under Articles
Article 32
Article 356
14 to 18
Article 21
Explanation
Articles 14 to 18 cover equality provisions.
Q33
Right to Freedom is guaranteed under Articles
Article 32
Article 21
19 to 22
Article 356
Explanation
Articles 19 to 22 provide freedoms and protections.
Q34
Right against Exploitation is under Articles
23 and 24
Article 356
Article 21
Article 32
Explanation
These articles prohibit trafficking, forced labor, and child labor in hazardous jobs.
Q35
Cultural and Educational Rights are under Articles
29 and 30
Article 32
Article 356
Article 21
Explanation
Minority rights in culture and education are under Articles 29 and 30.
Q36
Constitutional remedies are guaranteed by Article
32
Article 32
Article 356
Article 21
Explanation
Article 32 allows moving Supreme Court for FR enforcement.
Q37
Economics is the study of
Fiscal deficit
Revenue deficit
Primary deficit
Allocation of scarce resources
Explanation
Economics studies choices under scarcity.
Q38
Who is known as the father of modern economics?
Revenue deficit
Adam Smith
Fiscal deficit
Primary deficit
Explanation
Adam Smith wrote The Wealth of Nations in 1776.
Q39
The law of demand states that demand generally
Fiscal deficit
Revenue deficit
Falls when price rises
Primary deficit
Explanation
Other things equal, price and quantity demanded are inversely related.
Q40
The law of supply states that supply generally
Primary deficit
Fiscal deficit
Revenue deficit
Rises when price rises
Explanation
Higher prices incentivize producers to supply more.