Amartya Sen was awarded the Nobel Prize for his contribution to
[amp_mcq option1=âMonetary Economicsâ option2=âWelfare Economicsâ option3=âEnvironmental Economicsâ option4=âDevelopment Economicsâ correct=âoption2âł]
This question was previously asked in
UPSC CDS-1 â 2017
Amartya Sen was awarded the Nobel Prize in Economic Sciences in 1998 for his contributions to welfare economics.
His significant contributions include work on social choice theory, welfare economics, poverty, famine, and the measurement of well-being. His capabilities approach is particularly influential in development economics and welfare studies.