Question : Who defined "Rent" as that portion or produce of the earth which is paid to the landlord for the use of original and indestructible power of the soil?
Option 1: Ricardo
Option 2: Marshall
Option 3: Keynes
Option 4: Pigou
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Correct Answer: Ricardo
Solution : The correct answer is Ricardo.
" Rent" was described by David Ricardo as "that t portion or produce of the earth which is paid to the landlord for the use of original and indestructible power of the soil." He is regarded as one of the fathers of classical economics. One of Ricardo's crucial achievements is his theory of rent. He separated economic rent from other types of remuneration, such as salaries and profits.
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Question : Who defined 'Rent' as that portion or produce of the earth which is paid to the landlord for the use of original and indestructible power of the soil?
Option 1: David Ricardo
Option 2: Alfred Marshall
Option 3: John Maynard Keynes
Option 4: Arthur Cecil Pigou
Question : According to the Ministry of Power, Government of India, which is the largest energy source of India? (as of March 2023)
Option 1: Hydro power
Option 2: Tidal energy
Option 3: Coal
Option 4: Solar energy
Question : Who has the power to create All India Services?
Option 1: The Supreme Court
Option 2: The Parliament
Option 3: The Council of Ministers
Option 4: The Prime Minister
Question : An electrochemical cell which is used as a source of direct electrical current at constant voltage under standard conditions is called a:
Option 1: Power transmitter
Option 2: Battery
Option 3: Uninterrupted Power Supply (UPS)
Option 4: Generator
Question : Dioptre is the unit of:
Option 1: power of a lens
Option 2: focal length of a lens
Option 3: light intensity
Option 4: sound intensity
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