Correct Answer: 1918

Solution : The correct option is 1918.

In 1918, the British passed the Champaran Agrarian Law after Mahatma Gandhi's successful Satyagraha movement. This law abolished the exploitative "Tinkathia" system, where farmers were forced to grow indigo for landlords. It marked a significant victory for tenant rights and laid the groundwork for future Indian independence movements.

Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A)

Solution : The rule of demand—the inverse relationship between prices and quantity demanded—is once again demonstrated by the downward slope of the demand curve. Each product will have a somewhat distinct demand curve.
According to the law of declining marginal utility, when consumption rises, the marginal utility gained from each extra unit decreases, all other things being equal.
Hence option a is the correct answer.
 

Correct Answer: New Delhi

Solution : The correct option is New Delhi.

The principal bench of the National Company Law Tribunal (NCLT) in India is located in New Delhi. The National Company Law Tribunal (NCLT) is a quasi-judicial body in India that adjudicates issues related to company law. It was established under the Companies Act 2013, and it handles matters such as corporate disputes, insolvency and bankruptcy proceedings and cases related to the Companies Act.

Correct Answer: any court of law within the territory of India

Solution : The correct answer is any court of law within the territory of India.

Article 76 of the Indian constitution provides for the office of Attorney General of India. He is appointed by the President of India and he is the full-time counsel of the Government of India. He is the highest law officer in the country and he has the right to audience in any court of law within the territory of India. He can also be the part of proceedings of Parliament without any voting rights.

Correct Answer: Both Assertion (A) and Reason (R) are true and Reason (R) is the correct explanation
of Assertion (A).

Solution : "Quantity demand of a product diminishes if the product's price increases," is how the law of demand is defined. That is, if a product's price increases, fewer people will buy it.
Another way to put it is that the downward slope of the demand curve emphasizes the asymmetry between price and quantity desired.
Hence option a is the correct answer.

Correct Answer: negative return

Solution : The correct answer is the negative return.

Negative returns are the third step of the law of changing proportions. This is the point at which adding more variable inputs to the fixed inputs causes the overall product to start declining. The reason for this is the ineffective use of the variable inputs. There are several reasons why there could be negative returns. The different inputs could start to compete with one another for resources, for starters. For instance, workers on a production line may begin to obstruct one another if there are too many of them.

Correct Answer: negative return

Solution : The correct answer is the negative return.

Negative returns are the third step of the law of changing proportions. This is the point at which adding more variable inputs to the fixed inputs causes the overall product to start declining. The reason for this is the ineffective use of the variable inputs. There are several reasons why there could be negative returns. The different inputs could start to compete with one another for resources, for starters. For instance, workers on a production line may begin to obstruct one another if there are too many of them.

Correct Answer: begins to decrease

Solution : The correct answer is (c) begins to decrease

According to the law of diminishing marginal utility (DMU), the marginal utility from each commodity begins to decrease as more units of the commodity are consumed.

The law of diminishing marginal utility states that as a consumer consumes more and more units of a commodity, the additional satisfaction or utility derived from each additional unit diminishes. In other words, the consumer experiences diminishing marginal utility.

Correct Answer: Fugitive

Solution : The third option is the correct answer.

The term fugitive is the most appropriate, as it specifically refers to a person who is fleeing or evading legal authorities to escape punishment or arrest. 

The meanings of the other options are as follows:

• A convict is a person found guilty of a criminal offence and serving a sentence in prison.
• A lunatic is a person who is mentally ill, especially one who is insane.
• A fatalist is someone who believes that events are predetermined and inevitable, often in a negative or fatalistic sense.

Correct Answer: Law and order

Solution : The correct option is Law and order.

Law and order maintenance is not classified as part of economic activities. Maintaining law and order falls under the purview of governance, public administration, and the justice system, which are considered non-economic activities. While crucial for a stable and functioning society, they are distinct from economic activities that directly contribute to the production, and exchange of goods and services.