Questions

In 37 BC, Octavian became the most powerful man in the Roman Empire for 44 years under the titles of Augustus, which meant 'holy' and imperator, meaning 'Victorious general'. He also called himself Princeps, 'first citizen of the state'. The period of Roman history beginning with his rule upto A.D 284 is called the principate. His rule and the period following it were  peaceful and  are known in history as 'Pax Romana' which means 'Roman Peace'

The Preamble was adopted with the constitution in the constituent assembly.

The Preamble proclaims the solemn resolution of the people of India to constitute India into a 'Sovereign socialist secular democratic republic'.

A right is enumerated if it is not explicitly stated in a constitution, but inferred from other legal rights written in the constitution.

Secondary market refers to market where securities are traded after being initially offered to the public in the primary market and/or listed on the stock exchange.

In the light of competition, it may be seen that competitors may initiate price changes. If the cutting off on prices does not affect the company, then the current pricing strategy itself can be continued to maintain the profitability of the company. However if the price change on one firm is affecting the other, then it can:

a.reduce the product price at par with competitors’ price or below competitors’ price

or

b. Provide added advantage to the existing product like better quality, or ‘a buy one get one free’ offer.

or

c.Provide better quality of the product at a higher price thereby not being at par with the competitors.