Q. Which of the following were the two greatest and most important events ever recorded in the history of mankind as per Adam Smith?
  1. Discovery of America
  2. Discovery of Cape Route to India
  3. Revolution in England
  4. Seven Year Wars
Select the correct option from the codes given below:

Answer: 1 & 2
Notes: In 1494, Columbus of Spain set out to reach India and discovered America instead of India. In 1498, Vasco da Gama of Portugal discovered a new and all-sea route from Europe to India. He sailed around Africa through the Cape of Good Hope Adam Smith later wrote that the discovery of America and the Cape route to India were "the two greatest and most important events ever recorded in the history of mankind."