Top 80+ Solved History of Economics Thought MCQ Questions Answer
Q. The Drain Theory is associated with the name of
a. kautilya
b. gandhiji
c. dadabhai naroji
d. ranade
Q. Dadabhai Naroji attributed poverty of India to
a. over population
b. scarcity of capital
c. british rule
d. none of the above
Q. 6.Dadabhai Noaroji attributed external drain to:
a. unrequired exports and no equivalent imports
b. unrequired imports and no equivalent exports
c. unrequired exports and equivalent imports
d. all the above
Q. Ambedkar’s idea of state socialism is based on the unique blend of
a. marxism and buddhism
b. buddhism and gandhism
c. marxism and gandhism
d. all the above
Q. The chief architect of Indi’s second five year Plan was:
a. gandhiji
b. harrod domar
c. p.mahalanobis
d. dadabai naoroji
Q. Mahalanobis aimed at the economic development of India through
a. agricultural development
b. industrial development
c. both agricultural and industrial development
d. none of the above
Q. The most important contribution of Mahalanobis is related to :
a. the design of large scale surveys
b. the design of a plan strategy
c. the starting of a journal
d. none of the above
Q. The wage good model was developed by
a. mahalanobis
b. naoroji
c. n.vakil and p.r.brahmananda
d. gandhiji
Q. V.K.R.V. Rao is remembered for his contribution on:
a. national income of india
b. deficit financing
c. capital formation
d. economic development
Q. The formula adopted for distribution of Plan assistance during 4th and th Plan was:
a. gadgil formula
b. modified gadgil formula
c. mahalanobis formula
d. none of the above
Q. The forword to India’s 1st Five Year Plan was written by:
a. v.k.r.v.rao
b. ambedkar
c. k.n.raj
d. c.n.vakil
Q. Who among the following computed India’s balance of payment for the first time forReserve Bank of India:
a. k.n.raj
b. c.n.vakil
c. p.r.brahmananda
d. ambedkar
Q. Amartya Sen was awarded Nobel Prize in Economics for his contribution to
a. welfare economicsand social choice theory
b. welfare economics and development economics
c. welfare economics and inequality
d. none of these