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Start learning 50% faster. Sign in nowAccording to Dias, Historical school arose as a reaction against the natural law. It came as a reaction to the natural school of law. Natural school of law believes that the law is originated from some divine power. Natural law is also called the Eternal law. It exists since the beginning of the world. It is closely associated with the morality and intention of God. Indian constitution has some relevance of the natural law in its articles. Historical school of Jurisprudence focuses on the formation of law by people not by some divine origin.
Which of the following Bank has been authorized by the Reserve Bank of India to collect direct and indirect taxes on behalf of the Central Board of Dire...
If demand is price inelastic, then
What is the output elasticity of labour in the following production function?
Q = 10L0.5K0.5
The devaluation of a country’s currency will lead to an improvement in its balance of trade with the rest of the world only if
A card is drawn randomly from a deck of ordinary playing cards. You win Rs.900 if the card is a spade or a king. What is the probability that you will w...
A government recently introduced the Policy mix of Monetizing Budget deficit to revive the economy. Using the IS-LM framework, the impact on Output and ...
For which preferences the income offer curve and the price offer curve are equal?
Consider the game:
Let p=probability prey is active an...
Classical economists argue that money is neutral because
Income elasticity of an inferior good is always