General Knowledge : Economics QUESTIONS AND ANSWERS :: part5 : 11 to 15
Following General Knowledge Multiple choice objective type questions and answers will help you in TRB, SSC and UPSC 2024 examinations :
11.The Gandhian theory of Trusteeship aims at |
| decentralisation of political power |
| purging capitalism of its evils |
| the abolition of violence from public life |
| None of these |
12.Who is called the Father of Economics ? |
| J.M. Keynes |
| Malthus |
| Ricardo |
| Adam Smith |
13.Fabian Socialism first emerged in |
| Russia |
| Germany |
| India |
| Great Britain |
14.The main reason for low growth rate in India, inspite of high rate of saving and capital formation is |
| high birth rate |
| low level of foreign aid |
| low capitak / output ratio |
| high capital / output ratio |
15.Who defined economics as the study of the relationship between unlimited wants and scare resources ? |
| J.M. Keynes |
| Jan Timbergen |
| Lionel Robbins |
| Frederick von Hayek |
More Economics QUESTIONS AND ANSWERS available in next pages
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