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. Silver Revolution which started during Indira Gandhi's regime is related to
Q1. 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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Q2. In which year was oil first drilled in Assam?
Q2. In which year was oil first drilled in Assam?
(A) 1850
(A) 1850
(A) 1850
(B) 1857
(B) 1857
(B) 1857
(C) 1860
(C) 1860
(C) 1860
(D) 1867
(D) 1867
(D) 1867
Answer: (D) 1867
Answer: (D) 1867
Answer: (D) 1867
The first oil well in Assam was dug in 1867, but the first commercially viable oil well was drilled in 1889.
The first oil well in Assam was dug in 1867, but the first commercially viable oil well was drilled in 1889.
The first oil well in Assam was dug in 1867, but the first commercially viable oil well was drilled in 1889.
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Q3. Who is called the Father of Modern Economics?
Q3. Who is called the Father of Modern Economics?
(A) John Maynard Keynes
(A) John Maynard Keynes
(A) John Maynard Keynes
(B) Adam Smith
(B) Adam Smith
(B) Adam Smith
(C) Alfred Marshall
(C) Alfred Marshall
(C) Alfred Marshall
(D) Karl Marx
(D) Karl Marx
(D) Karl Marx
Answer: (B) Adam Smith
Answer: (B) Adam Smith
Answer: (B) Adam Smith
Adam Smith
Adam Smith
Adam Smith
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Q4. Which of the following is considered as the powerhouse of an animal cell?
Q4. Which of the following is considered as the powerhouse of an animal cell?
(A) Nucleus
(A) Nucleus
(A) Nucleus
(B) Golgi apparatus
(B) Golgi apparatus
(B) Golgi apparatus
(C) Ribosome
(C) Ribosome
(C) Ribosome
(D) Mitochondria
(D) Mitochondria
(D) Mitochondria
Answer: (D) Mitochondria
Answer: (D) Mitochondria
Answer: (D) Mitochondria
Mitochondria are organelles within a cell that produce energy in the form of adenosine triphosphate (ATP) through a process called cellular respiration, hence the nickname "powerhouse of the cell".
Mitochondria are organelles within a cell that produce energy in the form of adenosine triphosphate (ATP) through a process called cellular respiration, hence the nickname "powerhouse of the cell".
Mitochondria are organelles within a cell that produce energy in the form of adenosine triphosphate (ATP) through a process called cellular respiration, hence the nickname "powerhouse of the cell".
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Q5. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
Q5. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
(A) John Maynard Keynes
(A) John Maynard Keynes
(A) John Maynard Keynes
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) David Ricardo
(C) David Ricardo
(C) David Ricardo
(D) Adam Smith
(D) Adam Smith
(D) Adam Smith
Answer: (D) Adam Smith
Answer: (D) Adam Smith
Answer: (D) Adam Smith
Adam Smith
Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
Adam Smith Adam Smith (5 June 1723 – 17 July 1790) was a Scottish economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.
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Q6. What type of tea is Assam particularly renowned for producing?
Q6. What type of tea is Assam particularly renowned for producing?
(A) Red Tea
(A) Red Tea
(A) Red Tea
(B) Green Tea
(B) Green Tea
(B) Green Tea
(C) Yellow Tea
(C) Yellow Tea
(C) Yellow Tea
(D) Black Tea
(D) Black Tea
(D) Black Tea
Answer: (D) Black Tea
Answer: (D) Black Tea
Answer: (D) Black Tea
Assam is specifically known for producing a strong, malty, and bright liquor called "Assam Tea". This variety is distinct from other Indian teas like Darjeeling or Nilgiri. It's a robust black tea that's often used in blends and is enjoyed worldwide for its unique characteristics. The "Assam Tea" variety is what makes the region famous in the tea world.
Assam is specifically known for producing a strong, malty, and bright liquor called "Assam Tea". This variety is distinct from other Indian teas like Darjeeling or Nilgiri. It's a robust black tea that's often used in blends and is enjoyed worldwide for its unique characteristics. The "Assam Tea" variety is what makes the region famous in the tea world.
Assam is specifically known for producing a strong, malty, and bright liquor called "Assam Tea". This variety is distinct from other Indian teas like Darjeeling or Nilgiri. It's a robust black tea that's often used in blends and is enjoyed worldwide for its unique characteristics. The "Assam Tea" variety is what makes the region famous in the tea world.
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Q7. 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?
Q7. 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?
(A)
(A)
(A)
(B)
(B)
(B)
(C)
(C)
(C)
(D)
(D)
(D)
Answer: (D)
Answer: (D)
Answer: (D)
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Q8. Which social science studies the production, distribution and consumption of wealth?
Q8. 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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Q9. SEBI stands for
Q9. SEBI stands for
(A) Science and Engineering Board of India
(A) Science and Engineering Board of India
(A) Science and Engineering Board of India
(B) Securities and Exchange Board of India
(B) Securities and Exchange Board of India
(B) Securities and Exchange Board of India
(C) Social Equity Bureau of India
(C) Social Equity Bureau of India
(C) Social Equity Bureau of India
(D) Science and Educational Board of India
(D) Science and Educational Board of India
(D) Science and Educational Board of India
Answer: (B) Securities and Exchange Board of India
Answer: (B) Securities and Exchange Board of India
Answer: (B) Securities and Exchange Board of India
Securities and Exchange Board of India
Securities and Exchange Board of India
Securities and Exchange Board of India
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Q10. What is the synonym of Affluent?
Q10. 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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Related Questions
1. Which one amongst the following is the oldest production unit?2. The first bank established in Assam is?3. What was the main aim of the Chipko movement?4. Seasonal Unemployment is generally seen in which section of Economy?5. For which tea variety is Assam globally renowned?6. A continuous rise in the price level is called7. Which of the following Indian Economist won Nobel Prize in Economic Science?8. In which year was Jyoti Chitraban established?9. Which of these is the plant important in sericulture?10. An exact or a very close copy (of something).11. Who is known as the father of Economics?12. Which commodity has Assam exported the most of?13. Assam's only chemical fertilizer plant is located in which place?14. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?15. Who is the author of the book "Principles of Economics"?16. Which of the Following plateau is
famous for the production of Tea?17. Which region of Assam possesses the highest deposits of limestone?18. The Assam Gas Cracker Project, located in Dibrugarh, is associated with the production of:19. The concepts of wages, rent, interest and profit are studied under which branch of Economics?20. An income which is not declared by a person or a group of persons in a nation is termed as?