Question

Match List-I with List-II:

• (A) - (I), (B) - (II), (C) - (III), (D) - (IV)
• (A) - (IV), (B) - (II), (C) - (III), (D) - (I)
• (A) - (II), (B) - (I), (C) - (IV), (D) - (III)
• (A) - (III), (B) - (IV), (C) - (I), (D) - (II)

Hint:

Link authors to their works: Smith (Wealth, 1776), Marshall (Principles, 1890), Keynes (General Theory, 1936), Chamberlin (Monopolistic Competition, 1933).

Answer 1

The Correct Option is C

The correct matching of books with their authors is as follows:
- (A) An Inquiry into the Nature and Causes of Wealth of Nations by Adam Smith (II): Published in 1776, this foundational text introduced concepts like the invisible hand and free-market economics.
- (B) Principles of Economics by Alfred Marshall (I): Published in 1890, it formalized modern economic theory, including supply and demand analysis.
- (C) The General Theory of Employment, Interest and Money by J.M. Keynes (IV): Published in 1936, it revolutionized macroeconomics by advocating government intervention to manage economic cycles.
- (D) The Theory of Monopolistic Competition by E.H. Chamberlin (III): Published in 1933, it introduced the concept of imperfect competition, distinguishing it from perfect competition and monopoly.
Thus, the correct pairing is (A) - (II), (B) - (I), (C) - (IV), (D) - (III), making option (3) correct.

Answer 2

Elimination through the publication timeline:
Instead of matching author by author, order the four works chronologically: Adam Smith's Wealth of Nations (1776) is the earliest, followed by Alfred Marshall's Principles of Economics (1890), then E.H. Chamberlin's Theory of Monopolistic Competition (1933), and finally J.M. Keynes' General Theory (1936) is the most recent among these.
If List-II is ordered by these same publication years, then (A) Wealth of Nations should pair with the earliest-listed item, (B) Principles of Economics with the next, (D) Monopolistic Competition with the third, and (C) General Theory with the last.
Cross-checking this ordering against the four options, only option (3), (A)-(II), (B)-(I), (C)-(IV), (D)-(III), is internally consistent with the chronological placement of each book.
Hence option (3) is correct.