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Because it protects the fundamental rights of citizens and serves as a guideline for the government and the government cannot intervene with the rights, duties, privileges, laws, and regulations mentioned in the Constitution, Explanation: The Constitution is a document that includes guidelines for the government, protects the fundamental rights of a citizen, and encapsulates society rsquo’s aspirational goals. The constitution is known as the supreme law of the land because no central, state or local government can intervene with the rights, duties, privileges, laws, and regulations as mentioned in the Constitution. The constitution is the source of law. All laws passed will have to articulate and comply with the required principle set out in the Constitution. No legislation can make a law and no government agency can act contrary to the constitution. The Constitution coordinates the whole government process in the country. The judiciary is obligated to see that the provisions of the constitution are not violated by any government organ. The supremacy of the Constitution is preserved by the Supreme Court. Any law which is contradicting the provisions of the Constitution is declared unconstitutional by the Supreme Court.
A worker’s wage in 1996 was Rs.180. What should be the wage in 1999 so that the worker remains at the same level of consumption? [Consider 1995 as...
Suppose nominal GDP equals 1,000 units and money supply equals 250 units. Based on the quantity theory of money, the velocity of money equals.
The utility function of X is such that X likes to consume 2 units of lemon with every 1 liter of water. The price of lemon is Rs.1.00 and that of 1 lite...
Offer curve introduced by Alfred Marshall deals with :
Find MR when ed=0.5 and P=10
In the regression specification y = α + βx + ε
For which of the following consumption functions, the value of income multiplier, k=5?
IftheregressionlineofYonXisY=30-0.9XandthestandarddeviationsareSx=2andSy=9,thenthevalueofthecorrelatio ncoefficientrxyis
...If the endowment of some resource increases, the industry that uses that resource most intensively will increase its output while the other in...