Match the List-I with List-II and select the correct answer:
List-I (Theory) | List-II (Scientists) |
a. Absolute income theory | 1. J. M. Keynes |
b. Relative income theory | 2. Milton Friedman |
c. Life cycle theory | 3. Modigliani and Ando |
d. Permanent income theory | 4. J. S. Dusenberg |
A. a-3, b-4, c-1, d-2
B. a-2, b-3, c-4, d-1
C. a-4, b-3, c-2, d-1
D. a-1, b-4, c-3, d-2
Answer: Option D
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