Start learning →

State PSC Indian Society — practice questions — page 12

Explore 360 free Indian Society questions in State PSC Sociology. Open each question or exercise to read its content, reference answers and available explanation.

Practise Indian Society with Quill →

Indian Society questions and exercises with answers

Showing questions 331–360 of 360.

Adam Smith analysed the emerging market economy of eighteenth century England in which book?Read the answer and worked solution →The French phrase laissez-faire, for a market free of regulation, means:Read the answer and worked solution →Sociologists say economies are socially:Read the answer and worked solution →In the weekly market at Dhorai in Bastar, the buyers are mostly:Read the answer and worked solution →Bastar district is populated mainly by which adivasi group?Read the answer and worked solution →The anthropologist who studied the Dhorai market as a symbol of social hierarchy was:Read the answer and worked solution →In the Dhorai market layout, who sits in the central zones?Read the answer and worked solution →A traditional bill of exchange that let merchants trade over long distances was the:Read the answer and worked solution →The Nattukottai Chettiars, a caste-based banking community, are from:Read the answer and worked solution →Chettiar caste networks let them expand banking into Ceylon and:Read the answer and worked solution →During the colonial period, long-distance trade in salt was controlled by which marginalised group?Read the answer and worked solution →Which business community, including the Birlas, rose to success only during the colonial period?Read the answer and worked solution →Marwaris first prospered in which colonial city?Read the answer and worked solution →Marx understood capitalism as commodity production through the use of:Read the answer and worked solution →When things not earlier traded, like bottled water, become tradable, the process is:Read the answer and worked solution →Which sociologist coined the term status symbol?Read the answer and worked solution →A slump in the US economy after the 9/11 attacks hurt which Indian industry?Read the answer and worked solution →Infosys rang the opening bell of which electronic stock exchange remotely from Mysore?Read the answer and worked solution →The Pushkar camel fair in Rajasthan comes just before which festival?Read the answer and worked solution →Using markets instead of government policy to solve social problems is called:Read the answer and worked solution →The price at which the government agrees to buy farm produce, guaranteeing minimum income, is the:Read the answer and worked solution →Under liberalisation, which Indian sector is expected to lose from foreign competition?Read the answer and worked solution →Catch the trading communitiesRead the answer and worked solution →Pop the liberalisation stepsRead the answer and worked solution →Run the thinkersRead the answer and worked solution →Slice the market wordsRead the answer and worked solution →Old market or global marketRead the answer and worked solution →Sort thinkers, communities and policiesRead the answer and worked solution →Type the numberRead the answer and worked solution →Market as institution bingoRead the answer and worked solution →

Worked practice questions

Adam Smith analysed the emerging market economy of eighteenth century England in which book?

  1. The Wealth of Nations
  2. The Great Transformation
  3. The Gift and Exchange
  4. The Rules of Method
Show answer and solution

Correct answer: A. The Wealth of Nations

1. Economics was then called political economy. 2. Smith wrote The Wealth of Nations. 3. He saw individual exchanges creating an ordered system. _Source: syllabus Indian Society, Chapter 4, The Market as a Social Institution._

Open this question →

The French phrase laissez-faire, for a market free of regulation, means:

  1. Buy cheap
  2. Leave alone
  3. Fair price
  4. Free trade
Show answer and solution

Correct answer: B. Leave alone

1. Smith supported a free market. 2. Laissez-faire means leave alone or let it be. 3. It rejects regulation by the state. _Source: syllabus Indian Society, Chapter 4, The Market as a Social Institution._

Open this question →

Sociologists say economies are socially:

  1. Embedded
  2. Isolated
  3. Detached
  4. Neutral
Show answer and solution

Correct answer: A. Embedded

1. Markets are organised by particular social groups. 2. Economies are socially embedded. 3. A tribal haat and a trading caste illustrate this. _Source: syllabus Indian Society, Chapter 4, The Market as a Social Institution._

Open this question →

How to practise

  1. Choose a Indian Society question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Sociology topics

Current AffairsIndian EconomyIndian PolityModern Indian HistoryPlanning And EconomyColonial IndiaConstitution of IndiaAgriculture