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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

Correct answer

B. Amartya Sen

Explanation

The correct answer is 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 to the Nobel Memorial Prize awarded to him in 1998. Option A is wrong because Jean Dreze is Sen's co-author on Hunger and Public Action and An Uncertain Glory, not on this book. Option C is wrong because Abhijit Banerjee wrote Poor Economics and Good Economics for Hard Times together with Esther Duflo. Option D is wrong because Thomas Piketty wrote Capital in the Twenty-First Century, a study of the concentration of income and wealth in rich countries.

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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
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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…

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The ancient Indian treatise 'Arthashastra' was composed by

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

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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
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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…

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'Das Kapital' is the work of

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

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