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Which of the following statements about economic thinkers and their ideas are incorrect?
- Paul A. Samuelson believed that a nation's financial stability is contingent upon effective economic planning and judicious resource management.
- Karl Marx identified 'surplus value' as the portion of a product's value that goes to the laborer.
- Ramesh Chandra Dutt's studies supported the notion that British exploitation benefited India's economy.
- Mahatma Gandhi's economic vision included a strong emphasis on rural-agricultural systems and cottage industries.
Which of the following statements are true about Indian economic thought?
- Chanakya's 'Arthashastra' emphasized the importance of sound policies for national progress and is considered a cornerstone of Indian economic thought.
- Dadabhai Naoroji's 'Drain Theory' posited that British rule benefited India by improving its economic infrastructure.
- Mahatma Gandhi's economic philosophy prioritized large-scale industrialization and urban development.
- Amartya Sen, a Nobel laureate, focused his research on areas such as welfare economics, inequality, and poverty.
Identify the correct assertions regarding the contributions of Western economic thinkers.
- Adam Smith, often called the 'father of Economics,' advocated for minimal government intervention in economic activities, a principle known as 'Laissez Faire'.
- Karl Marx, in his work 'Das Capital,' argued that laborers receive the full value of their contribution, with profits going entirely to them.
- Alfred Marshall emphasized that economic activities should be oriented towards promoting the welfare of society.
- Lionel Robbins suggested that unlimited wants should be prioritized to ensure economic growth.
Which of the following statements accurately describe the fundamental concepts of Economics ?
- Economics primarily focuses on the study of wealth and its accumulation.
- Economic activities are intrinsically linked to human wants and the satisfaction thereof.
- The core economic problems revolve around deciding what to produce, how to produce, and for whom to produce.
- Economic decisions are solely based on the availability of technology, irrespective of resource constraints.
Match the following Western Economic Thinkers with their Key Contributions:
| Adam Smith | Focused on the exploitation of labor and 'surplus value' in 'Das Capital' |
| Karl Marx | Advocated for limited government intervention ('Laissez Faire') |
| Alfred Marshall | Stressed prioritizing wants for efficient resource utilization |
| Lionel Robbins | Emphasized welfare orientation in economic activities in 'Principles of Economics' |
Match the sector with its description:
| Farming | Secondary |
| Manufacturing | Tertiary |
| Providing IT services | Quaternary sector |
| Research | Primary |
Match the sector with its description:
| Primary | Services like education, transport, and banking |
| Secondary | Direct use of natural resources. |
| Tertiary | Generates and disseminates knowledge and innovation |
| Quaternary sector | Transform raw materials into finished goods |
ആസൂത്രണ പ്രക്രിയയിൽ, വർക്കിംഗ് ഗ്രൂപ്പുകളുടെയും സ്റ്റാൻഡിംഗ് കമ്മിറ്റികളുടെയും
ഒരു ഘടനയുണ്ട്. വർക്കിംഗ് ഗ്രൂപ്പുകളുടെയും, സ്റ്റാൻഡിംഗ് കമ്മിറ്റികളുടെയും വ്യത്യസ്ത ജോഡികൾ ചുവടെ നൽകിയിരിക്കുന്നു :
വർക്കിംഗ് ഗ്രൂപ്പുകൾ | സ്റ്റാൻഡിംഗ് കമ്മിറ്റി |
| വികസനം |
| വികസനം |
| ക്ഷേമം |
| ക്ഷേമം |
മേൽപ്പറഞ്ഞ ജോഡികളിൽ ഏതാണ് ശരിയായി പൊരുത്തപ്പെടുന്നത്?