Question

Match List-I with List-II

List-I	List-II
(A) Political Economy of Growth	(IV) Paul Baran
(B) The Wealth of Nations	(I) Adam Smith
(C) The Theory of Economic Growth	(II) W. Arthur Lewis
(D) Resources, Values and Development	(III) Amartya Sen

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

Hint:

For "Books and Authors" questions in economics, create a list of Nobel laureates (like Lewis and Sen) and their major works. Also, be familiar with the foundational texts of different economic schools of thought (e.g., Adam Smith for Classical, Paul Baran for Marxist).

Answer 1

The Correct Option is B

Step 1: Analyzing and Matching Each Book/Work with its Author:


(A) Political Economy of growth: This is a seminal work in Marxist development theory, written by Paul Baran in 1957. It explores the dynamics of underdevelopment and the role of imperialism. This matches with (IV).
(B) The Wealth of Nations: Fully titled "An Inquiry into the Nature and Causes of the Wealth of Nations," this 1776 book is the magnum opus of Adam Smith and a foundational text of classical economics. This matches with (I).
(C) The Theory of Economic growth: This influential 1955 book on development economics, which introduced the dual-sector model, was written by Nobel laureate W. Arthur Lewis. This matches with (II).
(D) Resources, Values and Development: This is a collection of essays by Nobel laureate Amartya Sen, published in 1984. It covers themes like resource allocation, welfare economics, and moral philosophy. This matches with (III).

Step 2: Forming the Correct Combination:
The correct pairings are: A $\rightarrow$ IV, B $\rightarrow$ I, C $\rightarrow$ II, D $\rightarrow$ III.

Step 3: Final Answer:
Looking at the options, option (B) matches our derived sequence.