Sociology Chapter 4 – The Market as Social Institution MCQ Question Answers for CUET 2023

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

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

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

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

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

6. Marvaris are
a.
b.
c.
d.

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

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

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

10. 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.

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

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

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

14. 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.

15. ______ 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.

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

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

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

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

20. To which field does Alfred Gell belong?
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