Economics

1. Who is the father of Economics ?
Answer: Adam Smith

2. Who created Population theory ?
Answer: Thomas Robert Malthus

3. Who is the father of Indian Planning ?
Answer: M. Visvesvaraya

4. Who is the first Deputy Chairman of Planning Commission ?
Answer: Gulsarilal Nanda

5. Who is the Present Vice Chairman of Planning Commission ?
Answer: Montek Singh Ahluwalia

6. First Five year plan give priority to development of ________ sector ?
Answer: Agriculture

7. Second Five year plan give priority to development of ________ sector ?
Answer: Industrial

8. Which Five Year Plan is based on Mahalanobis Model ?
Answer: Second Five Year Plan

9. Which Five Year Plan is based on Harrod - Domer Model ?
Answer: First Five Year Plan

10. Who is the Father of Indian Budget ?
Answer: Mahalanobis