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Exploring the Roots of Indian Economic Thought: A Quiz

Description: Explore the rich history of Indian economic thought through this quiz. Test your knowledge of ancient Indian scholars and their contributions to economic theory.
Number of Questions: 15
Created by:
Tags: indian economic thought ancient indian economics kautilya arthashastra
Attempted 0/15 Correct 0 Score 0

Who is considered the father of Indian economics?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. All of the above


Correct Option: D
Explanation:

Kautilya, also known as Chanakya and Vishnu Gupta, is widely regarded as the father of Indian economics for his contributions in the Arthashastra.

What is the name of the ancient Indian treatise on statecraft and economics?

  1. Arthashastra

  2. Nitishastra

  3. Dharmashastra

  4. Kamashastra


Correct Option: A
Explanation:

The Arthashastra is an ancient Indian treatise on statecraft, economic policy, and military strategy, written by Kautilya.

Which ancient Indian scholar emphasized the importance of material prosperity and economic well-being?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. All of the above


Correct Option: D
Explanation:

Kautilya, also known as Chanakya and Vishnu Gupta, emphasized the importance of material prosperity and economic well-being in his work, the Arthashastra.

What is the central theme of the Arthashastra?

  1. Economic policy

  2. Political strategy

  3. Military tactics

  4. All of the above


Correct Option: D
Explanation:

The Arthashastra covers a wide range of topics, including economic policy, political strategy, military tactics, and social organization.

According to Kautilya, what is the primary objective of economic policy?

  1. Maximizing revenue

  2. Ensuring social justice

  3. Promoting economic growth

  4. All of the above


Correct Option: C
Explanation:

Kautilya believed that the primary objective of economic policy should be to promote economic growth and prosperity.

What is the concept of 'dharma' in Indian economic thought?

  1. Economic efficiency

  2. Social responsibility

  3. Moral duty

  4. All of the above


Correct Option: D
Explanation:

The concept of 'dharma' in Indian economic thought encompasses economic efficiency, social responsibility, and moral duty.

Which ancient Indian scholar advocated for the redistribution of wealth?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. Buddha


Correct Option: D
Explanation:

Buddha, the founder of Buddhism, advocated for the redistribution of wealth and the alleviation of poverty.

What is the concept of 'ahimsa' in Indian economic thought?

  1. Non-violence

  2. Economic equality

  3. Environmental sustainability

  4. All of the above


Correct Option: A
Explanation:

The concept of 'ahimsa' in Indian economic thought emphasizes non-violence and respect for all living beings.

Which ancient Indian scholar emphasized the importance of education and skill development?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. All of the above


Correct Option: D
Explanation:

Kautilya, also known as Chanakya and Vishnu Gupta, emphasized the importance of education and skill development in his work, the Arthashastra.

What is the concept of 'swadeshi' in Indian economic thought?

  1. Economic self-reliance

  2. Protectionism

  3. Import substitution

  4. All of the above


Correct Option: D
Explanation:

The concept of 'swadeshi' in Indian economic thought encompasses economic self-reliance, protectionism, and import substitution.

Which ancient Indian scholar advocated for the establishment of a welfare state?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. All of the above


Correct Option: D
Explanation:

Kautilya, also known as Chanakya and Vishnu Gupta, advocated for the establishment of a welfare state in his work, the Arthashastra.

What is the concept of 'sarvodaya' in Indian economic thought?

  1. Economic equality

  2. Social justice

  3. Universal well-being

  4. All of the above


Correct Option: D
Explanation:

The concept of 'sarvodaya' in Indian economic thought encompasses economic equality, social justice, and universal well-being.

Which ancient Indian scholar emphasized the importance of environmental sustainability?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. All of the above


Correct Option: D
Explanation:

Kautilya, also known as Chanakya and Vishnu Gupta, emphasized the importance of environmental sustainability in his work, the Arthashastra.

What is the concept of 'trusteeship' in Indian economic thought?

  1. Economic responsibility

  2. Social accountability

  3. Environmental stewardship

  4. All of the above


Correct Option: D
Explanation:

The concept of 'trusteeship' in Indian economic thought encompasses economic responsibility, social accountability, and environmental stewardship.

Which ancient Indian scholar advocated for the rights of workers and laborers?

  1. Kautilya

  2. Chanakya

  3. Vishnu Gupta

  4. All of the above


Correct Option: D
Explanation:

Kautilya, also known as Chanakya and Vishnu Gupta, advocated for the rights of workers and laborers in his work, the Arthashastra.

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