The concept of 'Marginal Efficiency of Capital' was introduced by: MCQ with Answer and Explanation

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The concept of 'Marginal Efficiency of Capital' was introduced by:

A. Adam Smith

B. Classical economists

C. John Maynard Keynes

D. David Ricardo

Answer: Option C

Solution (By JKSSB Mock Tests)

Keynes introduced the concept of Marginal Efficiency of Capital (MEC), which is the expected rate of return on an additional unit of capital asset.

This question belongs to: Economy GK Economy Set 1

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The 'National Curriculum Framework for Foundational Stage' was introduced as part of:

A. Skill India

B. National Education Policy 2020

C. Digital India

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Correct Answer: Option B

Explanation:
NCF-FS is part of the implementation of NEP 2020.

This question belongs to: Economy GK Economy Set 1

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The 'National Investment and Manufacturing Zones' are part of which policy?

A. National Manufacturing Policy

B. Digital India

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Correct Answer: Option A

Explanation:
National Investment and Manufacturing Zones are part of the National Manufacturing Policy.

This question belongs to: Economy GK Economy Set 1

Question #3

The 'National Digital Library of India' provides:

A. digital educational resources

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C. passport services

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Correct Answer: Option A

Explanation:
National Digital Library of India provides digital educational resources.

This question belongs to: Economy GK Economy Set 1

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