Which social science studies the production, distribution and consumption of wealth? [#1065]
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Q1. Which social science studies the production, distribution and consumption of wealth?
Q1. Which social science studies the production, distribution and consumption of wealth?
(A) Commerce
(A) Commerce
(A) Commerce
(B) Economics
(B) Economics
(B) Economics
(C) Political Science
(C) Political Science
(C) Political Science
(D) Sociology
(D) Sociology
(D) Sociology
Answer: (B) Economics
Answer: (B) Economics
Answer: (B) Economics
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life.
Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
Economics is the social science that studies the production, distribution, and consumption of goods and services, including wealth. Economics is divided into two classes, microeconomics and macroeconomics, and it directly affects everyday life. Economics is primarily concerned with analyzing the choices that individuals, businesses, governments, and nations make to allocate limited resources. Economic models emerged from the broader field of political economy in the late 19th century.
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Related MCQ Quizzes
Q1. What is the synonym of Affluent?
Q1. What is the synonym of Affluent?
(A) wealthy
(A) wealthy
(A) wealthy
(B) clever
(B) clever
(B) clever
(C) joyous
(C) joyous
(C) joyous
(D) strong
(D) strong
(D) strong
Answer: (A) wealthy
Answer: (A) wealthy
Answer: (A) wealthy
Having a great deal of money or wealth; prosperous.
Synonyms: Wealthy, Rich, Opulent, Prosperous.
Example Sentences:
> He comes from an affluent family.
> The affluent river fed the fertile valley.
> The affluent nation had a strong economy.
Having a great deal of money or wealth; prosperous. Synonyms: Wealthy, Rich, Opulent, Prosperous. Example Sentences: > He comes from an affluent family. > The affluent river fed the fertile valley. > The affluent nation had a strong economy.
Having a great deal of money or wealth; prosperous. Synonyms: Wealthy, Rich, Opulent, Prosperous. Example Sentences: > He comes from an affluent family. > The affluent river fed the fertile valley. > The affluent nation had a strong economy.
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Q2. Seasonal Unemployment is generally seen in which section of Economy?
Q2. Seasonal Unemployment is generally seen in which section of Economy?
(A) Industrial Sector
(A) Industrial Sector
(A) Industrial Sector
(B) Service Sector
(B) Service Sector
(B) Service Sector
(C) Agriculture Sector
(C) Agriculture Sector
(C) Agriculture Sector
(D) Business Sector
(D) Business Sector
(D) Business Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Answer: (C) Agriculture Sector
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others.
Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
Seasonal unemployment is a common occurrence in the agricultural sector. This is because agricultural activities are season-specific, with more work available in some months than others. Seasonal unemployment can also occur in other sectors, such as ice-cream factories and woollen factories. It can also affect people working in jobs that support outdoor activities during mild weather, but disappear during colder, stormy seasons.
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Q3. In which year was Jyoti Chitraban established?
Q3. In which year was Jyoti Chitraban established?
(A) 1961
(A) 1961
(A) 1961
(B) 1962
(B) 1962
(B) 1962
(C) 1963
(C) 1963
(C) 1963
(D) 1964
(D) 1964
(D) 1964
Answer: (A) 1961
Answer: (A) 1961
Answer: (A) 1961
Jyoti Chitraban, a prominent film studio in Assam, India, was established in 1961. It has played a crucial role in the development of Assamese cinema, providing a platform for filmmakers and contributing to the growth of the regional film industry. It is located in Guwahati.
Jyoti Chitraban, a prominent film studio in Assam, India, was established in 1961. It has played a crucial role in the development of Assamese cinema, providing a platform for filmmakers and contributing to the growth of the regional film industry. It is located in Guwahati.
Jyoti Chitraban, a prominent film studio in Assam, India, was established in 1961. It has played a crucial role in the development of Assamese cinema, providing a platform for filmmakers and contributing to the growth of the regional film industry. It is located in Guwahati.
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Q4. Which state is the largest producer of petroleum?
Q4. Which state is the largest producer of petroleum?
(A) Maharashtra
(A) Maharashtra
(A) Maharashtra
(B) Gujarat
(B) Gujarat
(B) Gujarat
(C) Assam
(C) Assam
(C) Assam
(D) Rajasthan
(D) Rajasthan
(D) Rajasthan
Answer: (D) Rajasthan
Answer: (D) Rajasthan
Answer: (D) Rajasthan
Rajasthan is the largest producer of petroleum in India, followed by Gujarat and Assam.
Rajasthan is the largest producer of petroleum in India, followed by Gujarat and Assam.
Rajasthan is the largest producer of petroleum in India, followed by Gujarat and Assam.
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Q5. The Assam Gas Cracker Project, located in Dibrugarh, is associated with the production of:
Q5. The Assam Gas Cracker Project, located in Dibrugarh, is associated with the production of:
(A) Natural Gas
(A) Natural Gas
(A) Natural Gas
(B) Fertilizers
(B) Fertilizers
(B) Fertilizers
(C) Petrochemicals
(C) Petrochemicals
(C) Petrochemicals
(D) Solar Energy
(D) Solar Energy
(D) Solar Energy
Answer: (C) Petrochemicals
Answer: (C) Petrochemicals
Answer: (C) Petrochemicals
The Assam Gas Cracker Project, officially known as the Brahmaputra Cracker and Polymer Limited (BCPL), is a major petrochemical project located in Dibrugarh, Assam. It utilizes natural gas as a feedstock to produce various petrochemicals, primarily polymers like polyethylene and polypropylene. These polymers are essential raw materials used in various industries for manufacturing plastics and other products.
The Assam Gas Cracker Project, officially known as the Brahmaputra Cracker and Polymer Limited (BCPL), is a major petrochemical project located in Dibrugarh, Assam. It utilizes natural gas as a feedstock to produce various petrochemicals, primarily polymers like polyethylene and polypropylene. These polymers are essential raw materials used in various industries for manufacturing plastics and other products.
The Assam Gas Cracker Project, officially known as the Brahmaputra Cracker and Polymer Limited (BCPL), is a major petrochemical project located in Dibrugarh, Assam. It utilizes natural gas as a feedstock to produce various petrochemicals, primarily polymers like polyethylene and polypropylene. These polymers are essential raw materials used in various industries for manufacturing plastics and other products.
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Q6. What was the main aim of the Chipko movement?
Q6. What was the main aim of the Chipko movement?
(A) To reduce the soil erosion
(A) To reduce the soil erosion
(A) To reduce the soil erosion
(B) To promote the production of milk
(B) To promote the production of milk
(B) To promote the production of milk
(C) To avoid the child labour
(C) To avoid the child labour
(C) To avoid the child labour
(D) To protect the trees of the forests to be cut
(D) To protect the trees of the forests to be cut
(D) To protect the trees of the forests to be cut
Answer: (D) To protect the trees of the forests to be cut
Answer: (D) To protect the trees of the forests to be cut
Answer: (D) To protect the trees of the forests to be cut
To protect the trees of the forests to be cut.
To protect the trees of the forests to be cut.
To protect the trees of the forests to be cut.
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Q7. Who is the author of the book "Principles of Economics"?
Q7. Who is the author of the book "Principles of Economics"?
(A) Adam Smith
(A) Adam Smith
(A) Adam Smith
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) Lionell Robbins
(C) Lionell Robbins
(C) Lionell Robbins
(D) David Ricardo
(D) David Ricardo
(D) David Ricardo
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Answer: (B) Alfred Marshall
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
Alfred Marshall (1842-1924) is the author of Principles of Economics, which was first published in 1890. Marshall was a British economist and a founder of the "neoclassical" school of economics. The book is considered to be Marshall's most influential work.
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Q8. A continuous rise in the price level is called
Q8. A continuous rise in the price level is called
(A) stagflation
(A) stagflation
(A) stagflation
(B) deflation
(B) deflation
(B) deflation
(C) hyperinflation
(C) hyperinflation
(C) hyperinflation
(D) inflation
(D) inflation
(D) inflation
Answer: (D) inflation
Answer: (D) inflation
Answer: (D) inflation
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past.
Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment.
Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy.
Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
Inflation refers to a sustained increase in the general price level of goods and services in an economy over time. This means that, on average, things cost more today than they did in the past. Stagflation is an economic situation where there is high inflation, slow economic growth, and high unemployment. Deflation is a general decline in prices for goods and services, typically associated with a contraction in the supply of money and credit in the economy. Hyperinflation is a rapid and extreme increase in the price of goods and services, which causes the value of a local currency to quickly erode.
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Q9. Which of the Following plateau is
famous for the production of Tea?
Q9. Which of the Following plateau is
famous for the production of Tea?
(A) Malwa Plateau
(A) Malwa Plateau
(A) Malwa Plateau
(B) North East Extension Plateau
(B) North East Extension Plateau
(B) North East Extension Plateau
(C) Shilong Plateau
(C) Shilong Plateau
(C) Shilong Plateau
(D) Western Ghat Plateau
(D) Western Ghat Plateau
(D) Western Ghat Plateau
Answer: (B) North East Extension Plateau
Answer: (B) North East Extension Plateau
Answer: (B) North East Extension Plateau
North East Extension Plateau
North East Extension Plateau
North East Extension Plateau
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Q10. Silver Revolution which started during Indira Gandhi's regime is related to
Q10. Silver Revolution which started during Indira Gandhi's regime is related to
(A) Milk Production
(A) Milk Production
(A) Milk Production
(B) Space Program
(B) Space Program
(B) Space Program
(C) Poultry Farming
(C) Poultry Farming
(C) Poultry Farming
(D) Agriculture
(D) Agriculture
(D) Agriculture
Answer: (C) Poultry Farming
Answer: (C) Poultry Farming
Answer: (C) Poultry Farming
Poultry Farming and Egg production.
Poultry Farming and Egg production.
Poultry Farming and Egg production.
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Related Questions
1. Assam's only chemical fertilizer plant is located in which place?2. Which of the following is considered as the powerhouse of an animal cell?3. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?4. Which of the following Indian Economist won Nobel Prize in Economic Science?5. An income which is not declared by a person or a group of persons in a nation is termed as?6. If the price of sugar increases by 20%, by what percentage should a household reduce its consumption of sugar so that the budget remains the same?7. Which of these is the plant important in sericulture?8. In which year was oil first drilled in Assam?9. The first bank established in Assam is?10. Who is known as the father of Economics?11. Which commodity has Assam exported the most of?12. SEBI stands for13. What type of tea is Assam particularly renowned for producing?14. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?15. Who is called the Father of Modern Economics?16. For which tea variety is Assam globally renowned?17. The concepts of wages, rent, interest and profit are studied under which branch of Economics?18. Which social science studies the production, distribution and consumption of wealth?19. Which region of Assam possesses the highest deposits of limestone?20. Which one amongst the following is the oldest production unit?