Question

Match the LIST-I with LIST-II.
LIST-I (Winners of Nobel Prize in Economics):
A. Abhijit Banerjee
B. Paul Krugman
C. Thomas Schelling
D. Amartya Sen
LIST-II (Field):
I. New Trade Analysis Theory
II. Game Theory Analysis
III. Welfare Economics
IV. Poverty Alleviation
Choose the correct answer from the options given below:

• A. A-IV, B-I, C-II, D-III
• B. A-I, B-IV, C-III, D-II
• C. A-II, B-III, C-IV, D-I
• D. A-III, B-II, C-I, D-IV

Hint:

Amartya Sen received the Nobel Prize in Economics in 1998 for contributions to welfare economics and social choice theory.

Answer 1

The Correct Option is A

Concept:
The Nobel Prize in Economics recognizes important contributions to economic theory, policy, and research.

Step 1: Match Abhijit Banerjee correctly. Abhijit Banerjee received the Nobel Prize for work related to: \[ \text{Poverty Alleviation} \] Thus: \[ A \rightarrow IV \]

Step 2: Match Paul Krugman correctly. Paul Krugman is known for: \[ \text{New Trade Analysis Theory} \] Thus: \[ B \rightarrow I \]

Step 3: Match Thomas Schelling correctly. Thomas Schelling contributed significantly to: \[ \text{Game Theory Analysis} \] Thus: \[ C \rightarrow II \]

Step 4: Match Amartya Sen correctly. Amartya Sen is famous for contributions to: \[ \text{Welfare Economics} \] Thus: \[ D \rightarrow III \]

Step 5: Write the complete matching. The correct sequence becomes: \[ A-IV,\; B-I,\; C-II,\; D-III \]

Step 6: Conclusion. Therefore, the correct answer is: \[ \boxed{A\text{-}IV,\; B\text{-}I,\; C\text{-}II,\; D\text{-}III} \]