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. Which of the following state of India is known as Falcon capital of the world?
Q1. Which of the following state of India is known as Falcon capital of the world?
(A) Nagaland
(A) Nagaland
(A) Nagaland
(B) Mizoram
(B) Mizoram
(B) Mizoram
(C) Manipur
(C) Manipur
(C) Manipur
(D) Himachal Pradesh
(D) Himachal Pradesh
(D) Himachal Pradesh
Answer: (A) Nagaland
Answer: (A) Nagaland
Answer: (A) Nagaland
Nagaland
Nagaland
Nagaland
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Q2. By whom were the Purus Sanghati Satras established?
Q2. By whom were the Purus Sanghati Satras established?
(A) Sankardeva
(A) Sankardeva
(A) Sankardeva
(B) Madhavdev
(B) Madhavdev
(B) Madhavdev
(C) Purushuttam Deva
(C) Purushuttam Deva
(C) Purushuttam Deva
(D) Purna Deva
(D) Purna Deva
(D) Purna Deva
Answer: (C) Purushuttam Deva
Answer: (C) Purushuttam Deva
Answer: (C) Purushuttam Deva
The Purus Sanghati Satras, important centers of Neo-Vaishnavite culture in Assam, were established by Purusottam Thakur. He was the eldest grandson of Srimanta Sankardeva, a key figure in Assamese religious and cultural history.
The Purus Sanghati Satras, important centers of Neo-Vaishnavite culture in Assam, were established by Purusottam Thakur. He was the eldest grandson of Srimanta Sankardeva, a key figure in Assamese religious and cultural history.
The Purus Sanghati Satras, important centers of Neo-Vaishnavite culture in Assam, were established by Purusottam Thakur. He was the eldest grandson of Srimanta Sankardeva, a key figure in Assamese religious and cultural history.
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Q3. Against whom did Mula Gabharu died fighting with?
Q3. Against whom did Mula Gabharu died fighting with?
(A) Mir Jumla
(A) Mir Jumla
(A) Mir Jumla
(B) Mirza Nathan
(B) Mirza Nathan
(B) Mirza Nathan
(C) Det Chung
(C) Det Chung
(C) Det Chung
(D) Turbaq
(D) Turbaq
(D) Turbaq
Answer: (D) Turbaq
Answer: (D) Turbaq
Answer: (D) Turbaq
On the fourth day of the war, she saw her husband's murderer, the commander Turbak Khan. Seeing her husband's murderer in the war zone, Nang Mula bravely fought with Turbak Khan. But Turbak Khan was a trained fighter and so he killed Mula Gabharu. After her death, the Ahom soldiers were awakened in new strength.
On the fourth day of the war, she saw her husband's murderer, the commander Turbak Khan. Seeing her husband's murderer in the war zone, Nang Mula bravely fought with Turbak Khan. But Turbak Khan was a trained fighter and so he killed Mula Gabharu. After her death, the Ahom soldiers were awakened in new strength.
On the fourth day of the war, she saw her husband's murderer, the commander Turbak Khan. Seeing her husband's murderer in the war zone, Nang Mula bravely fought with Turbak Khan. But Turbak Khan was a trained fighter and so he killed Mula Gabharu. After her death, the Ahom soldiers were awakened in new strength.
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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. Which of the following Indian Economist won Nobel Prize in Economic Science?
Q5. Which of the following Indian Economist won Nobel Prize in Economic Science?
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(A) Rabindranath Tagore
(B) C. V. Raman
(B) C. V. Raman
(B) C. V. Raman
(C) Arundhti Roy
(C) Arundhti Roy
(C) Arundhti Roy
(D) Amartya Sen
(D) Amartya Sen
(D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Answer: (D) Amartya Sen
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
Amartya Sen is the only Indian economist to win the Nobel Memorial Prize in Economic Sciences, which he received in 1998. Sen is known for his work on welfare economics, social choice theory, and development economics. He is also known for his interest in the problems of society's poorest members and his work on the causes of famine.
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Q6. Which of the following personalities in India is known as “Metro Man”?
Q6. Which of the following personalities in India is known as “Metro Man”?
(A) PV Chandran
(A) PV Chandran
(A) PV Chandran
(B) Elattuvalapil Sreedharan
(B) Elattuvalapil Sreedharan
(B) Elattuvalapil Sreedharan
(C) Tessy Thomas
(C) Tessy Thomas
(C) Tessy Thomas
(D) Man Mohan Sharma
(D) Man Mohan Sharma
(D) Man Mohan Sharma
Answer: (B) Elattuvalapil Sreedharan
Answer: (B) Elattuvalapil Sreedharan
Answer: (B) Elattuvalapil Sreedharan
Elattuvalapil Sreedharan is an Indian civil engineer and popularly known as the "Metro Man". Sreedharan has accepted the offer. He was given the nickname of Metro Man by the Indian media for his grand success in executing the completion of the Delhi Metro on time and with stipulated budget.
Elattuvalapil Sreedharan is an Indian civil engineer and popularly known as the "Metro Man". Sreedharan has accepted the offer. He was given the nickname of Metro Man by the Indian media for his grand success in executing the completion of the Delhi Metro on time and with stipulated budget.
Elattuvalapil Sreedharan is an Indian civil engineer and popularly known as the "Metro Man". Sreedharan has accepted the offer. He was given the nickname of Metro Man by the Indian media for his grand success in executing the completion of the Delhi Metro on time and with stipulated budget.
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Q7. Which city is known as the 'Golden City' of India?
Q7. Which city is known as the 'Golden City' of India?
(A) Jaisalmer
(A) Jaisalmer
(A) Jaisalmer
(B) Amritsar
(B) Amritsar
(B) Amritsar
(C) Lucknow
(C) Lucknow
(C) Lucknow
(D) Surat
(D) Surat
(D) Surat
Answer: (A) Jaisalmer
Answer: (A) Jaisalmer
Answer: (A) Jaisalmer
Jaisalmer , nicknamed "The Golden city", is a city in the Indian state of Rajasthan.
The town stands on a ridge of yellowish sandstone and is crowned by the ancient Jaisalmer Fort. Jaisalmer is sometimes called the "Golden City of India" because of the yellow sandstone used throughout the architecture of both the fort and the town below, imbues both with a certain golden-yellow light. Jaisalmer was founded by Rawal Jaisal in 1156 AD.
Jaisalmer , nicknamed "The Golden city", is a city in the Indian state of Rajasthan.
The town stands on a ridge of yellowish sandstone and is crowned by the ancient Jaisalmer Fort. Jaisalmer is sometimes called the "Golden City of India" because of the yellow sandstone used throughout the architecture of both the fort and the town below, imbues both with a certain golden-yellow light. Jaisalmer was founded by Rawal Jaisal in 1156 AD.
The town stands on a ridge of yellowish sandstone and is crowned by the ancient Jaisalmer Fort. Jaisalmer is sometimes called the "Golden City of India" because of the yellow sandstone used throughout the architecture of both the fort and the town below, imbues both with a certain golden-yellow light. Jaisalmer was founded by Rawal Jaisal in 1156 AD.
Jaisalmer , nicknamed "The Golden city", is a city in the Indian state of Rajasthan.
The town stands on a ridge of yellowish sandstone and is crowned by the ancient Jaisalmer Fort. Jaisalmer is sometimes called the "Golden City of India" because of the yellow sandstone used throughout the architecture of both the fort and the town below, imbues both with a certain golden-yellow light. Jaisalmer was founded by Rawal Jaisal in 1156 AD.
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Q8. Who was the father of Sati Sadhini, the second last ruler of the Chutiyas?
Q8. Who was the father of Sati Sadhini, the second last ruler of the Chutiyas?
(A) Pratap Ballav
(A) Pratap Ballav
(A) Pratap Ballav
(B) Nityipal
(B) Nityipal
(B) Nityipal
(C) Nilambar
(C) Nilambar
(C) Nilambar
(D) Dhirnarayan
(D) Dhirnarayan
(D) Dhirnarayan
Answer: (D) Dhirnarayan
Answer: (D) Dhirnarayan
Answer: (D) Dhirnarayan
Dhirnarayan
Dhirnarayan
Dhirnarayan
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Q9. The Chutiya Kingdom was established by whom?
Q9. The Chutiya Kingdom was established by whom?
(A) Ratnadhwajpal
(A) Ratnadhwajpal
(A) Ratnadhwajpal
(B) Vijayadhwajpal
(B) Vijayadhwajpal
(B) Vijayadhwajpal
(C) Karmadhwajpal
(C) Karmadhwajpal
(C) Karmadhwajpal
(D) Birpal
(D) Birpal
(D) Birpal
Answer: (D) Birpal
Answer: (D) Birpal
Answer: (D) Birpal
Birpal was a Chutiya chieftain who united several smaller Chutiya kingdoms to form the larger Sutiya Kingdom. Birpal, also known as Gayapal, Bibar, or Birbar, is the legendary founder of the Chutia kingdom. Birpal claimed to be a descendant of an ancestral king named Virmukka.
Birpal was a Chutiya chieftain who united several smaller Chutiya kingdoms to form the larger Sutiya Kingdom. Birpal, also known as Gayapal, Bibar, or Birbar, is the legendary founder of the Chutia kingdom. Birpal claimed to be a descendant of an ancestral king named Virmukka.
Birpal was a Chutiya chieftain who united several smaller Chutiya kingdoms to form the larger Sutiya Kingdom. Birpal, also known as Gayapal, Bibar, or Birbar, is the legendary founder of the Chutia kingdom. Birpal claimed to be a descendant of an ancestral king named Virmukka.
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Q10. Pointing to Sarat in a photograph, Malini said, “His brother’s father is the only son of my grandfather”. How is Malini related to Sarat?
Q10. Pointing to Sarat in a photograph, Malini said, “His brother’s father is the only son of my grandfather”. How is Malini related to Sarat?
(A) Aunt
(A) Aunt
(A) Aunt
(B) Grandmother
(B) Grandmother
(B) Grandmother
(C) Mother
(C) Mother
(C) Mother
(D) Sister
(D) Sister
(D) Sister
Answer: (D) Sister
Answer: (D) Sister
Answer: (D) Sister
Sister
Sister
Sister
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Related Questions
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