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. Silver Revolution which started during Indira Gandhi's regime is related to
Q2. 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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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. An income which is not declared by a person or a group of persons in a nation is termed as?
Q4. An income which is not declared by a person or a group of persons in a nation is termed as?
(A) High powered money
(A) High powered money
(A) High powered money
(B) Fiat money
(B) Fiat money
(B) Fiat money
(C) Hot money
(C) Hot money
(C) Hot money
(D) Black money
(D) Black money
(D) Black money
Answer: (D) Black money
Answer: (D) Black money
Answer: (D) Black money
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
Black money is income that is not declared by a person or group of people in a country. It is also known as "illegitimate" because it is not recognized for tax declaration.
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Q5. Which of these is the plant important in sericulture?
Q5. Which of these is the plant important in sericulture?
(A) Cassia
(A) Cassia
(A) Cassia
(B) Legumes
(B) Legumes
(B) Legumes
(C) Pea
(C) Pea
(C) Pea
(D) Mulberry
(D) Mulberry
(D) Mulberry
Answer: (D) Mulberry
Answer: (D) Mulberry
Answer: (D) Mulberry
Sericulture is the cultivation of silkworms for the production of silk. The most widely practiced form of sericulture, known as mulberry sericulture, relies entirely on the Mulberry plant (Morus spp.). The silkworm species Bombyx mori, responsible for producing the majority of commercial silk, feeds exclusively on mulberry leaves. The quality and abundance of mulberry leaves are crucial factors directly influencing the health of the silkworms and, consequently, the yield and quality of the silk cocoons. While other plants like Castor, Oak, and Som are food sources for different, less common types of silkworms (Eri, Tasar, and Muga silk, respectively), Mulberry is the key plant for the predominant silk industry.
Sericulture is the cultivation of silkworms for the production of silk. The most widely practiced form of sericulture, known as mulberry sericulture, relies entirely on the Mulberry plant (Morus spp.). The silkworm species Bombyx mori, responsible for producing the majority of commercial silk, feeds exclusively on mulberry leaves. The quality and abundance of mulberry leaves are crucial factors directly influencing the health of the silkworms and, consequently, the yield and quality of the silk cocoons. While other plants like Castor, Oak, and Som are food sources for different, less common types of silkworms (Eri, Tasar, and Muga silk, respectively), Mulberry is the key plant for the predominant silk industry.
Sericulture is the cultivation of silkworms for the production of silk. The most widely practiced form of sericulture, known as mulberry sericulture, relies entirely on the Mulberry plant (Morus spp.). The silkworm species Bombyx mori, responsible for producing the majority of commercial silk, feeds exclusively on mulberry leaves. The quality and abundance of mulberry leaves are crucial factors directly influencing the health of the silkworms and, consequently, the yield and quality of the silk cocoons. While other plants like Castor, Oak, and Som are food sources for different, less common types of silkworms (Eri, Tasar, and Muga silk, respectively), Mulberry is the key plant for the predominant silk industry.
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Q6. The Assam Gas Cracker Project, located in Dibrugarh, is associated with the production of:
Q6. 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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Q7. Which commodity has Assam exported the most of?
Q7. Which commodity has Assam exported the most of?
(A) Tea
(A) Tea
(A) Tea
(B) Coal
(B) Coal
(B) Coal
(C) Jute products
(C) Jute products
(C) Jute products
(D) Oil and petroleum products
(D) Oil and petroleum products
(D) Oil and petroleum products
Answer: (A) Tea
Answer: (A) Tea
Answer: (A) Tea
Assam is world-famous for its tea production, and tea is the state's most significant export commodity. Assam tea, known for its strong and malty flavor, is exported globally, contributing substantially to the state's economy. While other commodities like oil, jute, timber, and silk are also produced and exported from Assam, tea remains the dominant export.
Assam is world-famous for its tea production, and tea is the state's most significant export commodity. Assam tea, known for its strong and malty flavor, is exported globally, contributing substantially to the state's economy. While other commodities like oil, jute, timber, and silk are also produced and exported from Assam, tea remains the dominant export.
Assam is world-famous for its tea production, and tea is the state's most significant export commodity. Assam tea, known for its strong and malty flavor, is exported globally, contributing substantially to the state's economy. While other commodities like oil, jute, timber, and silk are also produced and exported from Assam, tea remains the dominant export.
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Q8. For which tea variety is Assam globally renowned?
Q8. For which tea variety is Assam globally renowned?
(A) Green Tea
(A) Green Tea
(A) Green Tea
(B) Black Tea
(B) Black Tea
(B) Black Tea
(C) White Tea
(C) White Tea
(C) White Tea
(D) Herbal Tea
(D) Herbal Tea
(D) Herbal Tea
Answer: (B) Black Tea
Answer: (B) Black Tea
Answer: (B) Black Tea
Assam is world-famous for its production of high-quality black tea. The region's unique terroir and climate conditions contribute to the distinct flavor profile of Assam tea, characterized by its briskness, malty taste, and rich aroma.
Assam is world-famous for its production of high-quality black tea. The region's unique terroir and climate conditions contribute to the distinct flavor profile of Assam tea, characterized by its briskness, malty taste, and rich aroma.
Assam is world-famous for its production of high-quality black tea. The region's unique terroir and climate conditions contribute to the distinct flavor profile of Assam tea, characterized by its briskness, malty taste, and rich aroma.
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Q9. Which one amongst the following is the oldest production unit?
Q9. Which one amongst the following is the oldest production unit?
(A) Digboi Refinery
(A) Digboi Refinery
(A) Digboi Refinery
(B) Numaligarh Refinery
(B) Numaligarh Refinery
(B) Numaligarh Refinery
(C) Bongaigaon Refinery
(C) Bongaigaon Refinery
(C) Bongaigaon Refinery
(D) Guwahati Refinery
(D) Guwahati Refinery
(D) Guwahati Refinery
Answer: (A) Digboi Refinery
Answer: (A) Digboi Refinery
Answer: (A) Digboi Refinery
The Digboi Refinery in Assam is the oldest refinery in India, having been commissioned on December 11, 1901. It was built by the British and is also Asia's first refinery. The refinery is known as the birthplace of the Indian oil industry. Oil was first discovered in 1867 while laying a railway line in the Digboi area.
The Digboi Refinery in Assam is the oldest refinery in India, having been commissioned on December 11, 1901. It was built by the British and is also Asia's first refinery. The refinery is known as the birthplace of the Indian oil industry. Oil was first discovered in 1867 while laying a railway line in the Digboi area.
The Digboi Refinery in Assam is the oldest refinery in India, having been commissioned on December 11, 1901. It was built by the British and is also Asia's first refinery. The refinery is known as the birthplace of the Indian oil industry. Oil was first discovered in 1867 while laying a railway line in the Digboi area.
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Q10. In which year was Jyoti Chitraban established?
Q10. 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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Related Questions
1. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?2. Which of the following Indian Economist won Nobel Prize in Economic Science?3. What is the synonym of Affluent?4. What was the main aim of the Chipko movement?5. The concepts of wages, rent, interest and profit are studied under which branch of Economics?6. SEBI stands for7. Which of the following is considered as the powerhouse of an animal cell?8. Who is known as the father of Economics?9. Which social science studies the production, distribution and consumption of wealth?10. What type of tea is Assam particularly renowned for producing?11. Which region of Assam possesses the highest deposits of limestone?12. Which of the Following plateau is
famous for the production of Tea?13. Assam's only chemical fertilizer plant is located in which place?14. A continuous rise in the price level is called15. An exact or a very close copy (of something).16. Who is the author of the book "Principles of Economics"?17. Which state is the largest producer of petroleum?18. Seasonal Unemployment is generally seen in which section of Economy?19. 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?20. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?