6. Who is known for the theory of “efficient market hypothesis”?
a) Friedrich Hayek
b) John Kenneth Galbraith
c) Robert Shiller
d) Eugene Fama
Answer: d) Eugene Fama
7. Who is the author of the book “Capital in the Twenty-First Century”?
a) Joseph Stiglitz
b) Thomas Piketty
c) Paul Krugman
d) Esther Duflo
Answer: b) Thomas Piketty
8. Which economist is associated with the concept of “opportunity cost”?
a) Joseph Schumpeter
b) John Maynard Keynes
c) Paul Samuelson
d) Ludwig von Mises
Answer: c) Paul Samuelson
9. Who developed the “Trickle-Down Theory” of economics?
a) John Maynard Keynes
b) Milton Friedman
c) Ronald Reagan
d) Arthur Laffer
Answer: d) Arthur Laffer
10. Raghuram Rajan, an Indian economist, served as the Governor of which country’s central bank?
a) India
b) United States
c) United Kingdom
d) Sweden
Answer: a) India
