Which of the following have won Nobel Prize in the field of Economics?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: Amartya Sen
NCERT: Nobel Laureate Prof Amartya Sen saw an increase in freedom (or decrease in unfreedom) as the main objective of development. Interestingly, increasing freedoms is also one of the most effective ways of bringing about development. His work explores the role of social and political institutions and processes in increasing freedom.