Assertion (A): The Noble Prize in Economies was won by Angus Deaton. Reason (R): His analysis of consumption, poverty, and welfare was well recognized. The correct answer is:

Assertion (A): The Noble Prize in Economies was won by Angus Deaton. Reason (R): His analysis of consumption, poverty, and welfare was well recognized. The correct answer is: Correct Answer Both A and R are true, and R is the correct explanation of A.

The correct answer is Both A and R are true, and R is the correct explanation of A.

Key Points

  • Sir Angus Stewart Deaton is a British-American economist and academic.
  • In 2015, he was awarded the Nobel Prize in Economic Sciences for his analysis of consumption, poverty, and welfare.
  • His research focuses primarily on poverty, inequality, health, wellbeing, and economic development.

Important Points Nobel Prize winner of 2020:

Field Winner
Physics
  • Roger Penrose
  • Reinhard Genzel
  • Andrea Ghez
Chemistry
  • Jennifer A. Doudna
  • Emmanuelle Charpentier
Medicine
  • Harvey J. Alter
  • Michael Houghton
  • Charles M. Rice
Literature
  • Louise Glück
Peace
  • World Food Programme (WFP)

Related Questions

Determine the corrections or otherwise of the following assertion and reason : Assertion : Fuel consumption is more for low level, high speed flight mission. Reason: At low altitude, the aerodynamic efficiency decreases drastically which affects the engine efficiency and range as well. To maintain cruise flight more fuel consumption is required. and are true and is the correct reason for b) Both and are true but is not the correct reason for c) is true but is false d) is false but is true
In 2015, Dr. Angus Deaton got Nobel Prize in: