How many of the following statements about Adam Smith are correct?
(A) He was a Scotsman.
(B) He was a professor at the University of Glasgow.
(C) He was a philosopher by training.
(D) He was educated in King's College, Cambridge.
(E) His book on the Wealth of Nations was published in 1776.
Answer & explanation
Correct answer: option 3
The correct answer is Option (3) → Four
Four of the five statements describe Adam Smith. Statement (D) describes Keynes.
(A) He was a Scotsman. — Correct. Smith was a Scotsman.
(B) He was a professor at the University of Glasgow. — Correct. He taught at Glasgow.
(C) He was a philosopher by training. — Correct. He was a philosopher by training.
(D) He was educated in King's College, Cambridge. — Incorrect. This is about Keynes, who later became the Dean of King’s College.
(E) His book on the Wealth of Nations was published in 1776. — Correct. The Wealth of Nations came out in 1776.
NCERT (2026-27): “Adam Smith Adam Smith is regarded as the founding father of modern economics (it was known as political economy at that time). He was a Scotsman and a professor at the University of Glasgow. Philosopher by training, his well known work An Enquiry into the Nature and Cause of the Wealth of Nations (1776) is regarded as the first major comprehensive book on the subject. …” “John Maynard Keynes … He was educated in King’s College, Cambridge, United Kingdom and later appointed its Dean. …” |