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. An income which is not declared by a person or a group of persons in a nation is termed as?
Q1. 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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Q2. In which year was Jyoti Chitraban established?
Q2. 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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Q3. Which state is the largest producer of petroleum?
Q3. 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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Q4. Assam's only chemical fertilizer plant is located in which place?
Q4. Assam's only chemical fertilizer plant is located in which place?
(A) Dibrugarh
(A) Dibrugarh
(A) Dibrugarh
(B) Bokajan
(B) Bokajan
(B) Bokajan
(C) Bongaigaon
(C) Bongaigaon
(C) Bongaigaon
(D) Namrup
(D) Namrup
(D) Namrup
Answer: (D) Namrup
Answer: (D) Namrup
Answer: (D) Namrup
Namrup houses the Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), which is Assam's sole chemical fertilizer plant. It's a pioneer in India for producing urea from natural gas.
Namrup houses the Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), which is Assam's sole chemical fertilizer plant. It's a pioneer in India for producing urea from natural gas.
Namrup houses the Brahmaputra Valley Fertilizer Corporation Limited (BVFCL), which is Assam's sole chemical fertilizer plant. It's a pioneer in India for producing urea from natural gas.
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Q5. 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?
Q5. 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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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 of the following is considered as the powerhouse of an animal cell?
Q7. 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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Q8. What was the main aim of the Chipko movement?
Q8. 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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Q9. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
Q9. 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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Q10. Which one amongst the following is the oldest production unit?
Q10. 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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Related Questions
1. Which region of Assam possesses the highest deposits of limestone?2. Who is called the Father of Modern Economics?3. Which of these is the plant important in sericulture?4. A continuous rise in the price level is called5. What is the synonym of Affluent?6. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?7. Silver Revolution which started during Indira Gandhi's regime is related to8. The first bank established in Assam is?9. Which commodity has Assam exported the most of?10. For which tea variety is Assam globally renowned?11. Who is known as the father of Economics?12. Seasonal Unemployment is generally seen in which section of Economy?13. Which social science studies the production, distribution and consumption of wealth?14. In which year was oil first drilled in Assam?15. SEBI stands for16. Which of the following Indian Economist won Nobel Prize in Economic Science?17. What type of tea is Assam particularly renowned for producing?18. Which of the Following plateau is
famous for the production of Tea?19. The concepts of wages, rent, interest and profit are studied under which branch of Economics?20. Who is the author of the book "Principles of Economics"?