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Home › Economy › Nobel Laureates in Economics

Nobel Laureates in Economics — Economy Questions & Practice

Practise 4 Nobel Laureates in Economics questions from Economy for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong.

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Practice questions on Nobel Laureates in Economics — with answers

Try each question first, then open the answer. Explanations are included.

1. Who was the first Indian to win the Nobel Memorial Prize in Economic Sciences?

  1. AJagdish Bhagwati
  2. BAbhijit Banerjee
  3. CAmartya Sen (1998)
  4. DRaghuram Rajan
Show answer

Answer: C

The correct answer is 'Amartya Sen (1998)'.

2. Which Indian-American economist won the Nobel Prize in Economics in 2019 along with Esther Duflo and Michael Kremer?

  1. AAbhijit Banerjee
  2. BKaushik Basu
  3. CRaghuram Rajan
  4. DAmartya Sen
Show answer

Answer: A

The correct answer is 'Abhijit Banerjee'.

3. What is the Nobel Memorial Prize in Economic Sciences officially called?

  1. AThe Global Economics Prize
  2. BThe Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel
  3. CThe World Economic Prize
  4. DThe Alfred Nobel Prize in Economics
Show answer

Answer: B

The correct answer is 'The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel'.

4. In which year was the Nobel Memorial Prize in Economic Sciences first awarded?

  1. A1901
  2. B1990
  3. C1969
  4. D1950
Show answer

Answer: C

The correct answer is '1969'.

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