
Dr. Amartya Sen won the 1998 Nobel Prize for Economics is strongly in favour of adopting the following approach for economic development:
(A) Monetary Economics
(B) Macro Economics
(C) Welfare Economics
(D) Free Market.


Important Questions on Economics
Which of the following statement(s) is/are correct about National Kamdhenu Aayog?
(A) It was announced in the Union budget
(B) It had been established in
(C) It is in the administrative control of NABARD.
(D) It has five members, including the Chairperson.

What is the maximum cash donation any political party can receive from one source, as proposed in the Budget 2017-18?
(A) Rs. 20,000
(B) Rs. 2,000
(C) Rs. 15,000
(D) Rs. 3,000

Which of the following is/are a constitutional body?
(A) Finance Commission of India
(B) Comptroller and Accountant General of India
(C) Election Commission of India
(D) All of the above

The Gandhian economy was based on the principle of:
(A) State control
(B) Competition
(C) Trusteeship
(D) Rural co-operation

Which of the following schemes has been announced in Union Budget 2019-20?
(A) Pradhan Mantri Kisan Samman Nidhi (PM-KISAN)
(B) Pradhan Mantri Shram Yogi Maadhan
(C) National Kamdhenu Commission
(D) All of the above.

Which of the following constitutes the maximum share in power generation in India?

Which of the following committees examined and suggested Financial sector reforms?
(A) Abid Hussain Committee
(B) Bhagwati Committee
(C) Chelliah Committee
(D) Narasimham Committee

In newly introduced Pradhan Mantri Fasal Bima Yojana (introduced since Kharif crop 2016), farmers has to pay "_____" per cent of insured premium for Kharif crops.
(A) 1.0%
(B) 2.0%
(C) 3.0%
(D) 5.0%
