All Exams Test series for 1 year @ ₹349 only
Question

Who said the following?
"No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."

This question was previously asked in
RRB NTPC 2019 CBT 1 Question Paper (8-Mar-2021) (Shift 2)
The correct answer is
Adam Smith

Attribution of Societal Prosperity Quote

The question asks to identify the author of the quote:

"No society can surely be flourishing and happy, of which the far greater part of the members are poor and miserable."

Identifying the Quote's Author

This statement is famously attributed to Adam Smith, a key figure in classical economics.

Reasoning for Attribution

Adam Smith discussed the relationship between the economic well-being of the general population and the overall prosperity and happiness of a nation in his seminal work, The Wealth of Nations (1776).

  • The quote emphasizes that widespread poverty and misery are incompatible with a flourishing and happy society.
  • This aligns with Smith's broader economic philosophy, which focused on the conditions necessary for national wealth and the improvement of living standards for all citizens, not just the elite.

Therefore, the quote accurately reflects Adam Smith's views on societal economic health.

Was this answer helpful?

Similar Questions

  1. Which of the following best defines globalisation in the context of post 1991 economic reforms in India?
  2. Which of the following is a distinct feature of a statutory corporation in India?
  3. When people are financed through the budget and a public good is made available free of any direct payment it is referred to as:
  4. Which of the following statements is NOT true regarding GST?
  5. As per DPIIT, which of the following sectors of Indian economy received the highest inflows of foreign direct investment (FDI) in 2019-2020?
  6. In the context of the GST framework, what is the full form of SGST?
  7. What are the four tax rates in India under GST?
  8. From which of the following nations did India receive the maximum FDI equity inflows in the fiscal year 2019-20?
  9. In the context of inflation, what does CPI mean?
  10. The ______ Five-Year Plan of India completed its term in March 2017.

Important Questions from Economic and Financial Affairs

  1. As per the Economic Survey 2020-21, India's real GDP growth is estimated to contract by ______ in financial year 2020-2021.

  2. The Government of India has set a target of achieving how much solar power capacity by the year 2022?

  3. Which of the following statements about the detailed corporate governance norms for listed companies issued in April 2014 by SEBI is/are correct?

    1. It provides for stricter disclosures and protection of investor rights, including equitable treatment for minority and foreign shareholders

    2. Under the new norms listed companies are required to provide the option of facility of e-voting to shareholders on all resolutions proposed to be passed at general meetings

    Select the correct answer using the code given below.

  4. Pradhan Mantri Jan-Dhan Yojana (PMJDY ) now has in excess of 472 million accounts. Which state has topped this List (as on October 12, 2022)?

  5. In 2018, what was the investment in infrastructure as a percentage of GDP in India?

Need Expert Advice?
Upcoming Exams
RRB Technician
October 06, 2026
RRB JE
October 27, 2026
RRB ALP
November 03, 2026
Test Series
RRB NTPC img
Railways
RRB NTPC Under Graduate 2026 New Mock Test Series
1580 Tests 2 Tests Free
544 Attempts
4.3(498)
English, Hindi, Telugu +7 More

Start Your Preparation with Prepp Mobile App

Download the app from Google Play & App Store
Download the app from Google Play & App Store
Prepp Mobile App