![Amartya Sen was awarded with the Nobel Prize in Economics in the year 1998 for his contribution in the field of](https://www.gkseries.com/blog/wp-content/uploads/2023/06/Amartya-Sen-was-awarded-with-the-Nobel-Prize-in-Economics-in-the-year-1998-for-his-contribution-in-the-field-of.jpg)
Question | Amartya Sen was awarded with the Nobel Prize in Economics in the year 1998 for his contribution in the field of | |
Type | multiple_choice | |
Option | market analysis | incorrect |
Option | macroeconomics | incorrect |
Option | welfare economics | correct |
Option | microeconomics | incorrect |
Solution | In 1998, Amartya Sen received the prestigious Nobel Prize in Economics for his remarkable contributions to the field of welfare economics. This esteemed recognition was a testament to his profound impact on advancing our understanding of social welfare and his invaluable insights into the dynamics of economic development. |