ECONOMICS (CBSE/UGC NET)

Detailed explanation-1: -The president is Commander-in-Chief of the Republic of Korea Armed Forces and enjoys considerable executive powers. The president appoints the prime minister with approval of the National Assembly, as well as appointing and presiding over the State Council of chief ministers as the head of government.

Detailed explanation-2: -With agreement of ruling and opposition parties, a democratic constitution including provisions for a directly elected president agreed and won in a referendum. Thus, the Republic of Korea became a democratic republic through peaceful compromise.

Detailed explanation-3: -The prime minister of South Korea is not the head of government of South Korea, for the President is both the head of state and government in the country. Han Duck-soo is the current prime minister. He took the office on 20 May 2022.

Detailed explanation-4: -The Democratic People’s Republic of Korea (DPRK or North Korea) is an authoritarian state led by the Kim family for 70 years.

Detailed explanation-5: -In 1948, North Korea adopted Democratic People’s Republic of Korea (Korean: , Chosŏn Minjujuŭi Inmin Konghwaguk; listen) as its new legal name.