Let's Learn Economics!!

India has _________ economy.

• Socialist

• Capitalistic

• Mixed

In which year was Adam Smith's book titled 'Wealth of Nations' published?

• 1789

• 1776

• 1762

What is the main aim of the Capitalist economy?

• To earn maximum profit

• To increase social welfare

• To increase trade amongst countries

Who is known as the 'Father of Economics'?

• Lionel Robbins

• Adam Smith

• Prof. Samuelson

Who defined Economics as the 'Science of Wealth'?

• Adam Smith

• Amartya Sen

• Prof. Samuelson