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Books & Authors Quiz: Books on Economics and Politics

  • 12 questions
  • 12 minutes
  • Difficulty: Medium
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About this quiz

This Books & Authors quiz on Books on Economics and Politics puts 12 multiple-choice questions to you, the verified MCQs published with GK24's note on the topic. Every question carries a full explanation of why the correct option is right and why the other options are wrong, so you learn the fact behind the answer rather than the letter. Attempt it right after reading the note, keep to the timer, and use the explanations at the end to mark what needs another look. Sit it again before the exam as a quick revision of the topic.

Questions in this quiz

12 questions with answers and explanations

Q1.Books & AuthorsEasy

The book 'An Inquiry into the Nature and Causes of the Wealth of Nations' was written by

  1. A.David Ricardo
  2. B.Adam Smith
  3. C.Thomas Malthus
  4. D.John Stuart Mill
Show answer
Correct answer: B. Adam Smith

The Scottish thinker Adam Smith published this book in 1776, and it is treated as the starting point of economics as a separate subject, which is why he is called the father of economics; its most quoted idea is the invisible hand, by which the self-interest of individuals is said…

Q2.Books & AuthorsEasy

The ancient Indian treatise 'Arthashastra' was composed by

  1. A.Chandragupta Maurya
  2. B.Kalidasa
  3. C.Kautilya
  4. D.Megasthenes
Show answer
Correct answer: C. Kautilya

Kautilya, also known as Chanakya and as Vishnugupta, was the minister and guide of Chandragupta Maurya, and his Arthashastra is a manual of statecraft that deals with the duties of a king, the organisation of the treasury, taxation, trade, spying, law and war; it is the earliest Indian work usually…

Q3.Books & AuthorsMedium

The theory of the drain of wealth from India was explained in the book 'Poverty and Un-British Rule in India' written by

  1. A.Gopal Krishna Gokhale
  2. B.Dadabhai Naoroji
  3. C.R. C. Dutt
  4. D.Mahadev Govind Ranade
Show answer
Correct answer: B. Dadabhai Naoroji

Dadabhai Naoroji, honoured as the Grand Old Man of India and the first Indian to be elected to the British House of Commons, brought together his writings in this book and showed with figures that a large part of India's wealth was being carried away to Britain every year through…

Q4.Books & AuthorsEasy

'Das Kapital' is the work of

  1. A.Friedrich Engels
  2. B.Karl Marx
  3. C.Vladimir Lenin
  4. D.Friedrich Hayek
Show answer
Correct answer: B. Karl Marx

Karl Marx published the first volume of Das Kapital in 1867 as his full critique of the capitalist mode of production, built around surplus value and the exploitation of labour; the later volumes were edited and brought out by Friedrich Engels after Marx died.

Q5.Books & AuthorsMedium

'The General Theory of Employment, Interest and Money', published in 1936, was written by

  1. A.Alfred Marshall
  2. B.John Maynard Keynes
  3. C.Paul Samuelson
  4. D.Milton Friedman
Show answer
Correct answer: B. John Maynard Keynes

Written during the Great Depression and published in 1936, this book argued that an economy can settle at a level of high unemployment on its own, and that the remedy is to raise effective demand through government spending; it created macroeconomics as we know it and the whole school called…

Q6.Books & AuthorsMedium

The book 'The Prince', which separates politics from morality, was written by

  1. A.Thomas Hobbes
  2. B.Niccolo Machiavelli
  3. C.John Locke
  4. D.Montesquieu
Show answer
Correct answer: B. Niccolo Machiavelli

The Florentine writer Machiavelli wrote The Prince in 1513 and it was published in 1532; it advises a ruler to judge an action by whether it preserves the state rather than by whether it is virtuous, and for this it is called the first work of modern political realism and…

Q7.Books & AuthorsMedium

Which book put forward the view that sovereignty lies in the general will of the people?

  1. A.Leviathan
  2. B.The Social Contract
  3. C.The Republic
  4. D.On Liberty
Show answer
Correct answer: B. The Social Contract

Jean-Jacques Rousseau published The Social Contract in 1762 with the opening claim that man is born free yet everywhere is in chains, and he held that legitimate authority rests only on the general will of the whole people, an idea that fed directly into the French Revolution and into the…

Q8.Books & AuthorsEasy

'Hind Swaraj' was written by

  1. A.Bal Gangadhar Tilak
  2. B.Mahatma Gandhi
  3. C.Gopal Krishna Gokhale
  4. D.Lala Lajpat Rai
Show answer
Correct answer: B. Mahatma Gandhi

Gandhi wrote Hind Swaraj, also published in English as Indian Home Rule, in 1909 while sailing from London to South Africa, and he cast it as a dialogue between a reader and an editor; in it he rejects industrial civilisation and modern machinery, and argues that true self-rule means rule…

Q9.Books & AuthorsEasy

The memoir 'India Wins Freedom' was written by

  1. A.Jawaharlal Nehru
  2. B.Maulana Abul Kalam Azad
  3. C.Rajendra Prasad
  4. D.Sardar Vallabhbhai Patel
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Correct answer: B. Maulana Abul Kalam Azad

Azad, who presided over the Congress during the Quit India years and became independent India's first Education Minister, dictated this account of the last phase of the freedom struggle and of Partition; his birthday, the eleventh of November, is observed as National Education Day.

Q10.Books & AuthorsHard

'The Problem of the Rupee: Its Origin and Its Solution' was written by

  1. A.B. R. Ambedkar
  2. B.M. Visvesvaraya
  3. C.C. D. Deshmukh
  4. D.V. K. R. V. Rao
Show answer
Correct answer: A. B. R. Ambedkar

Ambedkar, trained as an economist before he became the chief architect of the Constitution, submitted this study at the London School of Economics and published it in 1923; it traces the history of Indian currency and argues for a stable measure of value, and its reasoning fed into the debate…

Q11.Books & AuthorsHard

'Asian Drama: An Inquiry into the Poverty of Nations' was written by

  1. A.Amartya Sen
  2. B.Gunnar Myrdal
  3. C.Simon Kuznets
  4. D.W. Arthur Lewis
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Correct answer: B. Gunnar Myrdal

The Swedish economist Gunnar Myrdal published this long three-volume study of South and South East Asia in 1968, examining why the region stayed poor and pointing to institutions, land relations, administration and what he called the soft state; the title deliberately echoes Adam Smith's Wealth of Nations.

Q12.Books & AuthorsMedium

The book 'Poverty and Famines: An Essay on Entitlement and Deprivation' was written by

  1. A.Jean Dreze
  2. B.Amartya Sen
  3. C.Abhijit Banerjee
  4. D.Thomas Piketty
Show answer
Correct answer: B. Amartya Sen

Amartya Sen published this book in 1981 and showed, using the Bengal famine among other cases, that famines occur not merely because food is short in a country but because groups of people lose the ability to command food, which he called a failure of entitlement; the work was central…

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