66. Who is known for the concept of “game theory” in economics?
a) John Nash
b) Kenneth Arrow
c) Robert Shiller
d) Paul Romer
Answer: a) John Nash
67. Who is the first Indian economist to win the Nobel Prize in Economics?
a) Amartya Sen
b) Abhijit Banerjee
c) Raghuram Rajan
d) Esther Duflo
Answer: a) Amartya Sen
68. Who is known for the concept of “capabilities approach” in development economics?
a) Amartya Sen
b) Esther Duflo
c) Abhijit Banerjee
d) Angus Deaton
Answer: a) Amartya Sen
69. Who is known for the theory of “inclusive institutions” in economics?
a) Daron Acemoglu
b) Esther Duflo
c) Angus Deaton
d) Michael Kremer
Answer: a) Daron Acemoglu
70. Who is known for the concept of “randomized controlled trials” (RCTs) in economics?
a) Abhijit Banerjee
b) Esther Duflo
c) Angus Deaton
d) Amartya Sen
Answer: b) Esther Duflo
