According to classical economic theory, which of the following mechanisms ensures that the economy naturally tends towards full employment?
Classical economists believe that wages and prices are flexible and will adjust to clear markets. If there is unemployment, wages will fall, leading to increased demand for labor and eventually full employment. This is in contrast to Keynesian economics, which emphasizes the role of government intervention to achieve full employment.
Who among the following was the founder of the Sunga dynasty, who established his kingdom by killing the last Mauryan emperor?
Minimum support price was applied on the recommendation of _____.
The phenomenon of electromagnetic induction is:
The Ministry of Education released the National Institutional Framework Ranking (NIRF) 2023 for law schools on June 5, 2023. A total of 30 law colleges...
What is the maximum limit of the CRR?
Which of the following statements below mentioned events that happened in the year 2020 is/are true?
(1) Railways renames Railway Protect ion For...
The ages of Mr. Kumar and his son are in the ratio 5:3. Fifteen years back this ratio was 2 :1. What was the age (in years) of Mr. Kumar when his son wa...
The Consumer Protection Bill 2018 replaces the Consumer Protection Act which was enacted in ______.
As of October 2020, who is the Chief Election Commissioner of India?
Which government has become the world's first government to turn 100% paperless?
