Class 12 Sociology Chapter 4 – The Market as Social Institution MCQ Question Answers for CUET 2024

1. ______ 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.

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

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

4. 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.

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

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

7. 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.

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

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

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

11. Marvaris are
a.
b.
c.
d.

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

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

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

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

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

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

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

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

20. Pre colonial Indian economy was
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