Economics MCQs For Lectureship CSS PMS And NTS Part I

Economics MCQs For Lectureship CSS PMS And NTS Part I. Economics MCQs For Lectureship CSS PMS And NTS Part I.

Economics MCQs For Lectureship CSS PMS And NTS Part I

1 Who is author of ‘‘The Principles of Political Economy and Taxation’’?

David Ricardo

2 Who founded the ‘‘Classical School’’ of economics?

Adam Smith

3 David Ricardo had started working at money market at what age?

Fourteen years

4 Who for the first time raised the fear of world food shortage?

R. Malthus

5 When was Adam Smith’s major work, ‘‘An Enquiry into the Nature and Causes of Wealth of Nations’’ published?

1776

6 According to whom, rent is a creation of value, not of wealth?

David Ricardo

7 When was the first volume of ‘‘Das Capital be Karl Marx’’ published?

1867

8 Who for the first time explicitly stated the Law of Comparative Costs?

David Ricardo

9 Who founded Historical School?

Wilhelm Roscher

10 Who propounded The Sunspot Theory of trade cycle?

S. Jevons