1) Word of Economics has been derived from “Oikonomia” which is a word of the language?
A) Italian B) Greek C) Latin D) French
2) Who was the founder of Economics?
A) Adam Smith B) Alfred Marshall C) Keynes D) Ricardo
3) Adam Smith belonged to?
A) England B) Scotland C) USA D) Ireland
4) Who was the founder of classical School of thought?
A) Alfred Marshall B) Adam Smith C) Keynes D) J.S. Mill
5) which economist is not included in the classical School of thought?
A) Adam Smith B) Malthas C) Keynes D) J.S. Mill
6) Who said that Economics is a science of wealth?
A) Adam Smith B) Alfred Marshall C) Pigou D) (Record)
7) When was the book ” an inquiry into the nature and causes of the wealth of nations”?
A) 1770 B) 1776 C) 1890 D) 1895
8) who did name economics as the science of mammon worship and dismal science?
A) Alfred Marshall B) Pigou C) Robinson D) Ruskin and Carlyle
9) Who was the founder of the Neo-Classical School of thought?
A) Adam Smith B) Alfred Marshall C) Keynes D) Ricardo
10) The book “Principles of Economics” was written in
A) 1990 B) 1786 C) 1890 D) 1895
11) According to Marshall/ Neo-Classical School of thought, Economics is related to
A) Unlimited wants B) Wealth C) Material welfare D) Human Behavior
12) Economics is a science of?
A) Political B) Social C) Spiritual D) Ethical
13) Who did say that Economics is the science of “material welfare”?
A) Adam Smith B) Alfred Marshall C) Keynes D) Ricardo
14) Economics is concerned with the attainment of material requisites.
A) Adam Smith B) Alfred Marshall C) Keynes D) Robinson
15) A book called “the nature and importance of Economics science” was written?
A) 1955 B) 1932 C) 1890 D) 1776
16) Who was the founder of the modern School of thought?
A) Adam Smith B) Alfred Marshall C) Robbins D) Robinson
17) According to Robbins, the basic concept of economics is
A) Political Problem B) Economic Problem C) Religious Problem D) Psychological Problem
18) Who did give economics the status of science?
A) Adam Smith B) Alfred Marshall C) Robbins D) Robinson
19) who said that economics is a neutral science
A) Adam Smith B) Alfred Marshall C) Robbins D) Robinson
20) The goods which are directly consumed by human beings are called
A) Consumer Goods B) Capital Goods C) Industrial Goods D) Private Goods
21) Laws cannot be predicted?
A) Economic laws B) Scientific laws C) Ethical laws D) Natural laws
22) Writing of the same behaviour of the people in particular arrangement and words is called?
A) Economic laws B) Scientific laws C) Ethical laws D) Natural laws
23) In which punishment is not applicable for the disobedience, the laws are?
A) Economic laws B) Scientific laws C) Ethical laws D) Laws of State
24) Economic laws are?
A) Definite B) Of Conditional nature C) of Moral nature D) Of Political Nature
25) The conditions which are essentially kept constant for the application of economic laws are called:
A) Assumptions B) Variations C) Theories D) Limitations
26) When after the observation and analysis of the conditions, they are status as they are called.
A) Normative Science B) Positive Science C) Science of Prediction D) Science of Vegetation
27) Study of small units of an economic system is called?
A) Micro Economics B) Macro Economics C) Monetary Economics D) Industrial Economics
28) Study of large aggregates of economic system is called?
A ) Micro Economics B) Macro Economics C) Monetary Economics D) Industrial Economics
29) Is not a part of Macro Economics?
A) Public Finance B) International Trade C) Consumer Behavior D) National Income
30) The second name of Microeconomics is?
A) Price Theory B) Macro Economics C) Welfare Economics D) Applied Economics
31) The problem of Unemployment comes under discussion?
A ) Micro Economics B) Macro Economics C) Monetary Economics D) Industrial Economics
32) The non-material activities which have the ability to satisfy human want indirectly are called
A) Goods B) Satisfaction C) Services D) None of these
33) Who did write the book name “General Theory of Employment Interest and Money?
A) Adam Smith B) Alfred Marshall C) Keynes D) Ricardo
Where are the answers ?
Where are the answers