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. The first bank established in Assam is?
Q1. The first bank established in Assam is?
(A) State Bank of India
(A) State Bank of India
(A) State Bank of India
(B) Bandhan Bank
(B) Bandhan Bank
(B) Bandhan Bank
(C) Lakhimi Bank
(C) Lakhimi Bank
(C) Lakhimi Bank
(D) Guwahati Bank
(D) Guwahati Bank
(D) Guwahati Bank
Answer: (D) Guwahati Bank
Answer: (D) Guwahati Bank
Answer: (D) Guwahati Bank
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
The first bank in Assam is The Gauhati Bank Ltd, which was incorporated on June 18, 1926.
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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. What type of tea is Assam particularly renowned for producing?
Q3. 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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Q4. The concepts of wages, rent, interest and profit are studied under which branch of Economics?
Q4. The concepts of wages, rent, interest and profit are studied under which branch of Economics?
(A) Microeconomics
(A) Microeconomics
(A) Microeconomics
(B) Macroeconomics
(B) Macroeconomics
(B) Macroeconomics
(C) Econometrics
(C) Econometrics
(C) Econometrics
(D) Classical Economics
(D) Classical Economics
(D) Classical Economics
Answer: (A) Microeconomics
Answer: (A) Microeconomics
Answer: (A) Microeconomics
Microeconomics
Microeconomics
Microeconomics
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Q5. Who is called the Father of Modern Economics?
Q5. 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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Q6. Who is the author of the book "Principles of Economics"?
Q6. 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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Q7. The Assam Gas Cracker Project, located in Dibrugarh, is associated with the production of:
Q7. 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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Q8. Which of the following is considered as the powerhouse of an animal cell?
Q8. 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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Q9. What was the main aim of the Chipko movement?
Q9. 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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Q10. An exact or a very close copy (of something).
Q10. An exact or a very close copy (of something).
What is one word substitution of the phrase?
What is one word substitution of the phrase?
What is one word substitution of the phrase?
(A) forgery
(A) forgery
(A) forgery
(B) replica
(B) replica
(B) replica
(C) artificial
(C) artificial
(C) artificial
(D) substitute
(D) substitute
(D) substitute
Answer: (B) replica
Answer: (B) replica
Answer: (B) replica
Substitute Word: replica.
Synonyms: Duplicate, Reproduction, Clone.
Substitute Word: replica. Synonyms: Duplicate, Reproduction, Clone.
Substitute Word: replica. Synonyms: Duplicate, Reproduction, Clone.
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Related Questions
1. Who is known as the father of Economics?2. Which of the Following plateau is
famous for the production of Tea?3. Silver Revolution which started during Indira Gandhi's regime is related to4. Which social science studies the production, distribution and consumption of wealth?5. In which year was Jyoti Chitraban established?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. A continuous rise in the price level is called8. Which commodity has Assam exported the most of?9. SEBI stands for10. What is the synonym of Affluent?11. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?12. Which one amongst the following is the oldest production unit?13. Which region of Assam possesses the highest deposits of limestone?14. Which state is the largest producer of petroleum?15. In which year was oil first drilled in Assam?16. Which of these is the plant important in sericulture?17. Which of the following Indian Economist won Nobel Prize in Economic Science?18. Assam's only chemical fertilizer plant is located in which place?19. For which tea variety is Assam globally renowned?20. An income which is not declared by a person or a group of persons in a nation is termed as?