Who is known as the father of Economics? [#919]
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Q1. Who is known as the father of Economics?
Q1. Who is known as the father of Economics?
(A) David Richardo
(A) David Richardo
(A) David Richardo
(B) Alfred Marshall
(B) Alfred Marshall
(B) Alfred Marshall
(C) Adam Smith
(C) Adam Smith
(C) Adam Smith
(D) Lionnel Robbins
(D) Lionnel Robbins
(D) Lionnel Robbins
Answer: (C) Adam Smith
Answer: (C) Adam Smith
Answer: (C) Adam Smith
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline.
Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
Adam Smith is considered the father of modern economics. The 18th-century Scottish economist, philosopher, and author is credited with giving economics a well-defined shape as a new discipline. Smith is known for arguing against mercantilism and being a major proponent of laissez-faire economic policies. He believed that the government should not interfere with the economy, and that free-market issues would fix themselves. Smith also believed that individual decisions, driven by self-interest, collectively guide the market to optimal equilibrium.
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Related MCQ Quizzes
Q1. The traditional Assamese form of painting on silk is known as:
Q1. The traditional Assamese form of painting on silk is known as:
(A) Batik
(A) Batik
(A) Batik
(B) Madhubani
(B) Madhubani
(B) Madhubani
(C) Nakshi Kantha
(C) Nakshi Kantha
(C) Nakshi Kantha
(D) Sattriya
(D) Sattriya
(D) Sattriya
Answer: (A) Batik
Answer: (A) Batik
Answer: (A) Batik
Batik is a technique of wax-resist dyeing applied to whole cloth, or cloth made using this technique.
Batik is a technique of wax-resist dyeing applied to whole cloth, or cloth made using this technique.
Batik is a technique of wax-resist dyeing applied to whole cloth, or cloth made using this technique.
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Q2. What is the term for all positive and negative numbers as a whole including zero?
Q2. What is the term for all positive and negative numbers as a whole including zero?
(A) Real Numbers
(A) Real Numbers
(A) Real Numbers
(B) Natural Numbers
(B) Natural Numbers
(B) Natural Numbers
(C) Whole Numbers
(C) Whole Numbers
(C) Whole Numbers
(D) Integer Numbers
(D) Integer Numbers
(D) Integer Numbers
Answer: (D) Integer Numbers
Answer: (D) Integer Numbers
Answer: (D) Integer Numbers
Integers
Integers
Integers
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Q3. Who has broken the chair?
Q3. Who has broken the chair?
Change the voice of the above sentence.
Change the voice of the above sentence.
Change the voice of the above sentence.
(A) By whom was the chair been broken?
(A) By whom was the chair been broken?
(A) By whom was the chair been broken?
(B) By whom had the chair been broken?
(B) By whom had the chair been broken?
(B) By whom had the chair been broken?
(C) By whom is the chair been broken?
(C) By whom is the chair been broken?
(C) By whom is the chair been broken?
(D) By whom has the chair been broken?
(D) By whom has the chair been broken?
(D) By whom has the chair been broken?
Answer: (D) By whom has the chair been broken?
Answer: (D) By whom has the chair been broken?
Answer: (D) By whom has the chair been broken?
By whom has the chair been broken?
By whom has the chair been broken?
By whom has the chair been broken?
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Q4. Which of the following is known as first bank of India?
Q4. Which of the following is known as first bank of India?
(A) Reserve Bank
(A) Reserve Bank
(A) Reserve Bank
(B) State Bank of India
(B) State Bank of India
(B) State Bank of India
(C) Central Bank of India
(C) Central Bank of India
(C) Central Bank of India
(D) Bank of Hindustan
(D) Bank of Hindustan
(D) Bank of Hindustan
Answer: (D) Bank of Hindustan
Answer: (D) Bank of Hindustan
Answer: (D) Bank of Hindustan
The Bank of Hindustan, established in 1770, is considered the first bank in India. It was located in Calcutta, the then capital of India. The bank was set up by the agency house of Alexander and Company and was successful for 50 years. However, it was liquidated between 1830 and 1832 when its parent company failed during the commercial crisis of 1832.
The Bank of Hindustan, established in 1770, is considered the first bank in India. It was located in Calcutta, the then capital of India. The bank was set up by the agency house of Alexander and Company and was successful for 50 years. However, it was liquidated between 1830 and 1832 when its parent company failed during the commercial crisis of 1832.
The Bank of Hindustan, established in 1770, is considered the first bank in India. It was located in Calcutta, the then capital of India. The bank was set up by the agency house of Alexander and Company and was successful for 50 years. However, it was liquidated between 1830 and 1832 when its parent company failed during the commercial crisis of 1832.
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Q5. The God of Learning of the Ahoms is known as
Q5. The God of Learning of the Ahoms is known as
(A) Lengdon
(A) Lengdon
(A) Lengdon
(B) Ye-Cheng-Pha
(B) Ye-Cheng-Pha
(B) Ye-Cheng-Pha
(C) Mae Dam Mae Phi
(C) Mae Dam Mae Phi
(C) Mae Dam Mae Phi
(D) Rik-khwan
(D) Rik-khwan
(D) Rik-khwan
Answer: (B) Ye-Cheng-Pha
Answer: (B) Ye-Cheng-Pha
Answer: (B) Ye-Cheng-Pha
According to the Ahom Chronicles, Ye-Cheng-Pha is the god of knowledge for the Ahom people. The Chronicles say that when Lengdon, the king of Mong Phi, sent his grandsons Khunlung and Khunlai to Mong Ri, Ye-Cheng-Pha advised them to perform various worships to honor the Phi-Dam (Ancestral Spirit) and Khwan elements. These worships include Umpha, Phuralong, Mae Dam Mae Phi, and Rik-khwan, which are performed on different occasions and in different months of the year.
According to the Ahom Chronicles, Ye-Cheng-Pha is the god of knowledge for the Ahom people. The Chronicles say that when Lengdon, the king of Mong Phi, sent his grandsons Khunlung and Khunlai to Mong Ri, Ye-Cheng-Pha advised them to perform various worships to honor the Phi-Dam (Ancestral Spirit) and Khwan elements. These worships include Umpha, Phuralong, Mae Dam Mae Phi, and Rik-khwan, which are performed on different occasions and in different months of the year.
According to the Ahom Chronicles, Ye-Cheng-Pha is the god of knowledge for the Ahom people. The Chronicles say that when Lengdon, the king of Mong Phi, sent his grandsons Khunlung and Khunlai to Mong Ri, Ye-Cheng-Pha advised them to perform various worships to honor the Phi-Dam (Ancestral Spirit) and Khwan elements. These worships include Umpha, Phuralong, Mae Dam Mae Phi, and Rik-khwan, which are performed on different occasions and in different months of the year.
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Q6. Person who pretends to have special knowledge or skill.
Q6. Person who pretends to have special knowledge or skill.
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) egotist
(A) egotist
(A) egotist
(B) charlatan
(B) charlatan
(B) charlatan
(C) scholar
(C) scholar
(C) scholar
(D) student
(D) student
(D) student
Answer: (B) charlatan
Answer: (B) charlatan
Answer: (B) charlatan
Substitute Word: charlatan.
Synonyms: fraud.
Charlatan: This term specifically refers to someone who falsely claims to have special knowledge or skill, typically in medicine or science, to deceive others for personal gain.
Fraud: A more general term for someone who deliberately deceives others for personal gain. This can include a wide range of activities, such as financial fraud, identity theft, and academic dishonesty.
Both terms imply dishonesty and a deliberate attempt to deceive others.
Substitute Word: charlatan. Synonyms: fraud. Charlatan: This term specifically refers to someone who falsely claims to have special knowledge or skill, typically in medicine or science, to deceive others for personal gain. Fraud: A more general term for someone who deliberately deceives others for personal gain. This can include a wide range of activities, such as financial fraud, identity theft, and academic dishonesty. Both terms imply dishonesty and a deliberate attempt to deceive others.
Substitute Word: charlatan. Synonyms: fraud. Charlatan: This term specifically refers to someone who falsely claims to have special knowledge or skill, typically in medicine or science, to deceive others for personal gain. Fraud: A more general term for someone who deliberately deceives others for personal gain. This can include a wide range of activities, such as financial fraud, identity theft, and academic dishonesty. Both terms imply dishonesty and a deliberate attempt to deceive others.
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Q7. Who is considered as the Father of Indian Engineering?
Q7. Who is considered as the Father of Indian Engineering?
(A) M. Visvesvaraya
(A) M. Visvesvaraya
(A) M. Visvesvaraya
(B) Nehru
(B) Nehru
(B) Nehru
(C) Gandhi
(C) Gandhi
(C) Gandhi
(D) William Bentinck
(D) William Bentinck
(D) William Bentinck
Answer: (A) M. Visvesvaraya
Answer: (A) M. Visvesvaraya
Answer: (A) M. Visvesvaraya
M. Visvesvaraya
M. Visvesvaraya
M. Visvesvaraya
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Q8. An income which is not declared by a person or a group of persons in a nation is termed as?
Q8. 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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Q9. Which town is known as oil city of Assam?
Q9. Which town is known as oil city of Assam?
(A) Digboi
(A) Digboi
(A) Digboi
(B) Lakua
(B) Lakua
(B) Lakua
(C) Tunisukia
(C) Tunisukia
(C) Tunisukia
(D) Numaligarh
(D) Numaligarh
(D) Numaligarh
Answer: (A) Digboi
Answer: (A) Digboi
Answer: (A) Digboi
Digboi
Digboi
Digboi
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Q10. During whose reign was the Shivdol constructed?
Q10. During whose reign was the Shivdol constructed?
(A) Rudra Singha
(A) Rudra Singha
(A) Rudra Singha
(B) Pramatta Singha
(B) Pramatta Singha
(B) Pramatta Singha
(C) Siva Singha
(C) Siva Singha
(C) Siva Singha
(D) Rajeswar Singha
(D) Rajeswar Singha
(D) Rajeswar Singha
Answer: (C) Siva Singha
Answer: (C) Siva Singha
Answer: (C) Siva Singha
The Siva Dol was built during the reign of King Shiva Singha of the Ahom dynasty, and constructed in 1734 by his queen, Ambika Kunwari.
The Siva Dol is a cluster of three Hindu temples, including the Siva Dol, Vishnu Dol, and Devi Dol, located on the banks of the Sivasagar Tank in Sivasagar Town, Assam. The Siva Dol is said to be the tallest Shiva temple in India, with a height of 104 feet, a perimeter of 195 feet, and an eight-foot high golden dome. The walls are decorated with statues of Hindu gods and goddesses.
The Siva Dol was built during the reign of King Shiva Singha of the Ahom dynasty, and constructed in 1734 by his queen, Ambika Kunwari. The Siva Dol is a cluster of three Hindu temples, including the Siva Dol, Vishnu Dol, and Devi Dol, located on the banks of the Sivasagar Tank in Sivasagar Town, Assam. The Siva Dol is said to be the tallest Shiva temple in India, with a height of 104 feet, a perimeter of 195 feet, and an eight-foot high golden dome. The walls are decorated with statues of Hindu gods and goddesses.
The Siva Dol was built during the reign of King Shiva Singha of the Ahom dynasty, and constructed in 1734 by his queen, Ambika Kunwari. The Siva Dol is a cluster of three Hindu temples, including the Siva Dol, Vishnu Dol, and Devi Dol, located on the banks of the Sivasagar Tank in Sivasagar Town, Assam. The Siva Dol is said to be the tallest Shiva temple in India, with a height of 104 feet, a perimeter of 195 feet, and an eight-foot high golden dome. The walls are decorated with statues of Hindu gods and goddesses.
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Related Questions
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