The theory of “Maximum Social Advantage” in Public Finance was given by
(A) Robbins
(B) Musgrave
(C) Findley
(D) Dalten
Question Asked : SSC CHSL (10+2) DEO & LDC Exam 2014
Explanation : The 'Principle of Maximum Social Advantage' was introduced by British economist Hugh Dalton, According to Dalton. "The best system of public finance is that which secures the maximum social advantage from the operations which it conducts."
....Read more
Useful Quotations for : UPSC, State PSC, IBPS, SSC, Railway, NDA, Police Exams
Like The Facebook Page
CurrentGK for
Current Affairs, Latest GK &
Employment News
Tags : macroeconomics