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Correct Answer: sixThe Constitution guarantees six fundamental rights to Indian citizens as follows: (i) right to equality, (ii) right to freedom, (iii) right against exploitation, (iv) right to freedom of religion, (v) cultural and educational rights, and (vi) r...Read more
Correct Answer: Giffen goodsA ‘Giffen good’ is a special variety of inferior good. Sir Robert Giffen of Scotland observed in the 19th century (1840s) that poor people spent the major portion of their income on a staple item, viz., potato. If the price...Read more
Fitch Ratings has lowered India's economic growth forecast for the current fiscal to 6.9% from 7.4% after the GDP growth “unexpectedly faltered“ in the April-June quarter.The credit rating agency said however that it expects the economic activity to accelerate in the second...Read more