KBC Offline Quiz (August 30, 2021): Who wrote the book ‘The Principles of Political Economy and Taxation?

a. Karl Marx

b. David Ricardo

c. Amartya Sen

d. Fukuzawa Yukichi

Answer: David Ricardo

David Ricardo was a British political economist. He was one of the most influential of the classical economists along with Thomas Malthus, Adam Smith and James Mill. He was also a politician, and a member of the Parliament of Great Britain and Ireland.

Ricardo’s most famous work is his Principles of Political Economy and Taxation (1817). The new interpretation affords a totally new reading of Ricardo’s Principles of Political Economy and Taxation with regards to trade theory, although it does not change the mathematics of optimal resource allocation.

Also Read: Which country is constructing standalone war memorial for Indian soldiers died on war with Pakistan in 1971 

Also Read: Physical Quality of Life Index was first calculated by? 

Also Read: Which two players were the joint highest wicket-takers of the 2015 ICC Cricket World Cup? 

Also Read: Who was the first Indian to win the Nobel Prize? 

Also Read: An Air India flight crashed at which Indian airport on August 7, 2020? 

Also Read: Who wrote the book ‘The Principles of Political Economy and Taxation? 

Also Read: Who among the following was the first one to win the World Championship in Badminton?  

Also Read: Which of the following is the extreme east point of India? 

Also Read: What is the state animal of Himachal Pradesh?