Questions Related to economics

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.

Multiple choice the economy of maharashtra economics

According to Maharashtra State Economic Survey 2018-19, Maharashtra's contribution to all India nominal GDP is _____ .

  1. 10 %

  2. 12.5 %

  3. 14.4 %

  4. 15.5 %

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to Maharashtra State Economic Survey 2018-19, States contribution to all India nominal GDP is highest at 14.4 percent.

Multiple choice the economy of maharashtra economics

What is the rank of Maharashtra among the Indian states In term of geographical area?

  1. Second

  2. Third

  3. Fourth

  4. Fifth

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Maharashtra is the third largest state in India in terms of geographical area measuring about 3.08 Lakh Sq. Kms. Rajasthan is the largest state in India followed by Madhya Pradesh & Maharashtra.

Multiple choice the economy of maharashtra economics

According to the Economic Survey of Maharashtra for 2016-17, the state had the highest _______ in comparison with other states.

  1. Growth of GSDP

  2. State Per Capita Income

  3. Both A and B

  4. Neither A nor B

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

According to the Economic Survey of Maharashtra for 2016-17, the state had the highest the state had the highest growth of GDSP (Gross State Domestic Product) and SPCI (State Per Capita Income) in comparison with other states.

Multiple choice the economy of maharashtra economics

What percentage of Maharashtra's population lives in towns and cities?

  1. 25 %

  2. 35 %

  3. 45 %

  4. 65 %

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Maharashtra is  one of the most urbanised state of India. 45.2 % of Maharashtra's population lives in towns and cities. Among Indian States, Goa is now the most urbanised State with 62.2 percent urban population living in towns and cities. In terms of absolute number of persons living in urban areas, Maharashtra continues to lead with 50.8 million persons which comprises 13.5 percent of the total urban population of the country.