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. SEBI stands for
Q1. 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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Q2. What was the main aim of the Chipko movement?
Q2. 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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Q3. An income which is not declared by a person or a group of persons in a nation is termed as?
Q3. 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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Q4. What type of tea is Assam particularly renowned for producing?
Q4. 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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Q5. Assam's only chemical fertilizer plant is located in which place?
Q5. 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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Q6. Which state is the largest producer of petroleum?
Q6. 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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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. Which economist is the author of the book "An Enquiry into the Nature and Cause of the Wealth of Nations"?
Q8. 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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Q9. For which tea variety is Assam globally renowned?
Q9. 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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Q10. The Assam Gas Cracker Project, located in Dibrugarh, is associated with the production of:
Q10. 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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Related Questions
1. Which of the Following plateau is
famous for the production of Tea?2. In which year was oil first drilled in Assam?3. An exact or a very close copy (of something).4. What is the synonym of Affluent?5. Who is known as the father of Economics?6. Who is the author of the book "An Essay on the nature and Significance of Economic Science"?7. Which region of Assam possesses the highest deposits of limestone?8. Which one amongst the following is the oldest production unit?9. The first bank established in Assam is?10. Who is the author of the book "Principles of Economics"?11. Which commodity has Assam exported the most of?12. Which of the following Indian Economist won Nobel Prize in Economic Science?13. Which social science studies the production, distribution and consumption of wealth?14. Silver Revolution which started during Indira Gandhi's regime is related to15. The concepts of wages, rent, interest and profit are studied under which branch of Economics?16. 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?17. Seasonal Unemployment is generally seen in which section of Economy?18. A continuous rise in the price level is called19. Which of these is the plant important in sericulture?20. In which year was Jyoti Chitraban established?