Given below are 2 sets of statements in column I and column II. Match the statements in different columns (column 1 and 2 ) to make a correct pair.

Alternatives:

i-c, ii-d, iii-a, iv-b

The correct answer is option 3: i-c, ii-d, iii-a, iv-b

Keynes was a British economist.

Smith was a Scottish person.

Budget line is studied under microeconomics.

Capitalist economy works on profit motive unlike socialist economy which works according to the need of people.