Tag: economic thought

Quizzes (2) Questions (15)

Questions Related to economic thought

Multiple choice economics economic thoughts economics thoughts of great thinkers economic thinking economic thought

Which of the following is not the main economic thoughts given by Kautilya.

  1. Establishment of statehood

  2. Trusteeship

  3. Industry

  4. Agriculture & Animal husbandry
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Trusteeship is not the main economic thoughts given by Kautilya. Following are the top economic ideas of Kautilya. 

1. Wealth
2. Agriculture and Animal Husbandry  
3. Labour 
4. Trade 
5. Value 
6. Population 
7. Slavery 
8 Welfare State 
9. Public Finance 
10. Town Planning and Social Security 
11. Private Property  
12. Justification on Interest 
13. Consumption and Production.

Multiple choice economics economic thoughts economics thoughts of great thinkers economic thinking economic thought

Who wrote the book Arthashastra.

  1. Mahatma Gandhi

  2. Pandit deendayal upadhyay

  3. Vishnu gupta

  4. Dhanananda
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Arthashastra (also Arthasastra) is an ancient treatise on economic, political and military administration of the state. It was written by Chanakya (alsoKautilya, Vishnu Gupta). Arthashastra is the most authentic and important sources for shaping the history of the Mauryan Empire.

Multiple choice economics economic thoughts economics thoughts of great thinkers economic thinking economic thought

Based on which theory, the idea of “ Shramev Jayate ” was Introduced.

  1. Importance of labor & employment

  2. Development of agro & Rural Industries

  3. Rural economics

  4. Industry
Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Pandit Deendayal Upadhyaya Shramev Jayate Karyakram - to create a conducive environment for industrial development primarily through skill training. This skill training helps the labor to better understand their jobs

PM Modi launched this scheme on 16th October

Multiple choice economics economic thoughts economics thoughts of great thinkers economic thinking economic thought

Which of the following is a type of tax exemption proposed by Kautilya as an incentive to increase productivity?

  1. International taxes on exports.

  2. Relief from taxes to be paid to Zamindars.

  3. Aatithya charges - for the products imported from foreign states.

  4. None of these.
Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Kautilya suggested 'Aatithya' (hospitality) charges or tax incentives for foreign trade to encourage productivity and market growth.