ECONOMICS (CBSE/UGC NET)

ECONOMICS

MONEY

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Who is author of the ancient book on economics, Arthashastra?
A
Sushrut
B
Chanakya
C
Megasthenes
D
Amartya Sen
Explanation: 

Detailed explanation-1: -Kautilya is the author of the “Arthashastra". Popularly known as Chanakya, he authored “Arthashastra” in the Mauryan period. It is one of the most important work on economy and statecraft.

Detailed explanation-2: -The Arthashastra (Sanskrit: , IAST: Arthaśāstram) is an Ancient Indian Sanskrit treatise on statecraft, political science, economic policy and military strategy. Kautilya, also identified as Vishnugupta and Chanakya, is traditionally credited as the author of the text.

Detailed explanation-3: -Arthashastra of Kautilya (Chanakya tantra) : Ancient Indian Sanskrit Treatise on statecraft, economic policy and military strategy (English Translation)

Detailed explanation-4: -As such, he is considered the pioneer of the field of political science and economics in India, and his work is thought of as an important precursor to classical economics. His works were lost near the end of the Gupta Empire in the sixth century CE and not rediscovered until the early 20th century.

Detailed explanation-5: -Kautilya’s Arthashastra is a book about economics written by Kautilya. The word (No Suggestions) originates from a primeval Indian dissertation that discussed how the economy and military affairs of a state should function.

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