Statement – II : Laws and ethics are closely related.Codes :
Answer:Both the Statements are correct.
Reasoning (R) : The Directive principles of state policy of the Indian Constitution Command the State to ensure protection and improvement of environment and to safeguard forest and wildlife.Codes :
Answer: Both (A) and (R) are correct and (R) is the right explanation of (A).
Answer:2/5th of the board of a listed company should comprise of independent directors.
a) To prevent harm to the general public
(b) To meet stake-holder expectations
(c) To protect their own employees
(d) To maximize profit of the businessCodes :
Answer:(a), (b) and (c) only
Assertion (A) : The quantity of a product demanded invariably changes inversely to changes in its price.
Reason (R) : The price effect is the net result of the positive substitution effect and negative income effect.Codes :
Answer:(A) is incorrect but (R) is correct.
Answer:Closed economy, unemployment in the economy, constant marginal propensity to consume.
Answer:Approach – Avoidance conflict
Answer:Guarding against certain type of information
Reason (R) : Individuals decide whether or not a particular exchange is satisfactory by comparing their inputs and outcomes with those of others and try to rectify inequality.Codes :
Answer:Both (A) and (R) are correct and (R) is right explanation of (A).
Answer:Alternation Ranking method
Answer:Philosophy of competition