WorksheetsEconomics
Total questions: 8
Worksheet time: 9mins
Name
Class
Date
1.
Who is considered as father of economics?
a)
Adam Smith
b)
Anjan Mukherjee
c)
Chankya
d)
None
2.
Who was the first Finance minister of India?
a)
Shri Shanmukham Chetty
b)
Jawahar Lal Nehru
c)
Dr. Ambedker
d)
Manmohan Singh
3.
Who is the first nobel laureate from India?
a)
Amartya Sen
b)
Rabindra Nath Tagore
c)
Manmohan Singh
d)
None
4.
The image inserted with this question is of a famous economist. What is his name?
a)
Prabhat Patnaik
b)
Arun Kumar
c)
Dr. Ambedkar
d)
Amartya Sen
5.
In this type of economy, the people decide the supply, demand, and price.
a)
Market
b)
Traditional
c)
Command
d)
Mixed
6.
Which type of economy has central ownership, the government, and lack of individual choice?
a)
Market
b)
Mixed
c)
Command
d)
Traditional
7.
Who invented communism?
a)
Plato
b)
Karl Marx
c)
Paul Samuelson
d)
Adam Smith
8.
Capitalism is in what type of economy?
a)
Traditional
b)
Command
c)
Market
d)
Authortarian
100 %
