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Who is known as father of economics ?

  • Adam Smith
  • Max Muller
  • Joy Chaterjee
  • Amritya Sen

Answer: Option A

Similar Questions :

1. On which position India is, if we talk about production of vegetables ?

  • First
  • Second
  • Third
  • Fourth

Answer: Option B

Explanation:

On First it is China.

2. Deficit financing implies :

  • printing new currency notes
  • public revenue in excess of public expenditure
  • public expenditure in excess of public revenue
  • replacing new currency with worn out currency

Answer: Option C

3. Reserve bank of India was established on

  • 1st April, 1935
  • 1st April, 1936
  • 1st April, 1937
  • 1st April, 1938

Answer: Option A

Explanation:

Reserve bank of India was established on 1st April, 1935. It was nationalized on 1st January, 1949.

4. What is Autarchy ?

  • Gradual increase of economy.
  • Gradual decline of economy.
  • Self sufficiency and self reliance of economy.
  • Dependence of economy on external factors.

Answer: Option C

5. India earns maximum foreign exchange by the export of ?

  • Iron
  • Handloom
  • Texttiles
  • Tea

Answer: Option D

Read more from - Indian Economy Questions Answers
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