Sociology Chapter 4 – The Market as Social Institution MCQ Question Answers for Various Entrance Exams

 

1. what does Dhorai symbolize?
a.
b.
c.
d.

2. The unseen force at work that converts what is good for individual into what is good for society, a term coined by Adam Smith is
a.
b.
c.
d.

3. ______ is a process by which something which was not a commodity is made a commodity and becomes part of the market
a.
b.
c.
d.

4. what is Dhorai?
a.
b.
c.
d.

5. Pre colonial Indian economy was
a.
b.
c.
d.

6. Max webber is
a.
b.
c.
d.

7. What is jajmani system?
a.
b.
c.
d.

8. What is NASDAQ?
a.
b.
c.
d.

9. Marvaris are
a.
b.
c.
d.

10. _______ occurs when things that were earlier not traded in the market becomes commodities
a.
b.
c.
d.

11. Which of the following is a working class caste in India?
a.
b.
c.
d.

12. Which of the following categories does the Indian economy belong to?
a.
b.
c.
d.

13. Which of the following is a central feature of globalisation?
a.
b.
c.
d.

14. Which of the following theories was given by Karl Marx
a.
b.
c.
d.

15. The use of market or market based processes rather than government regulations or policies to solve social, economic and political problems is known as
a.
b.
c.
d.

16. Who authored the book, ‘The wealth of nations’
a.
b.
c.
d.

17. The term ‘status symbol’ was coined by
a.
b.
c.
d.

18. A market that is free from all kinds of regulations whether by a state or otherwise is known as
a.
b.
c.
d.

19. To which field does Alfred Gell belong?
a.
b.
c.
d.

20. Indian market became liberal in which year?
a.
b.
c.
d.


 


 
Also See : 
 
Sociology Chapter 1 – Introducing Indian Society MCQs
 
Sociology Chapter 2 – The Demographic Structure of Indian Society MCQs
 
Sociology Chapter 3 – Social Institutions MCQs
 
Sociology Chapter 5 – Patterns of Social Inequality and Exclusion MCQs
 
Sociology Chapter 6 – The Challenges Of Cultural Diversity MCQs
 
Sociology Chapter 8 – Structural change MCQs
 
Sociology Chapter 9 – Structural change MCQs
 
Sociology Chapter 10 – The Story of Indian Democracy MCQs
 
Sociology Chapter 11 – Change and Development in Rural Society MCQs
 
Sociology Chapter 12 – Change and development in Industrial Society MCQs
 
Sociology Chapter 13 – Globalization and Social Culture MCQs
 
Sociology Chapter 14 – Mass Media and Communication MCQs
 
Sociology Chapter 15 – Social Movements MCQs