Multiple choice question (MCQ) for Maharashtra State Board Class 12 Sociology Chapter 4 (The Market as a Social Institution). Practice with answer and detailed explanation.
❓ Question
Describe the key principles of The Market as a Social Institution and their applications.
A) The Market as a Social Institution is directly proportional to the applied force
B) The Market as a Social Institution remains constant under all conditions
C) The Market as a Social Institution varies according to the fundamental principle
✓ Correct Answer
D) None of the above statements about The Market as a Social Institution are correct
📖 Explanation
The correct answer is C because The Market as a Social Institution follows the fundamental principle that governs its behavior under given conditions. Understanding this concept is crucial for solving related problems in this chapter.
📚 About This Chapter
This chapter covers The Market as a Social Institution in Class 12 Sociology. Students learn fundamental concepts and applications essential for academic success.
This MCQ tests your understanding of The Market as a Social Institution. Practice more MCQs to strengthen your grasp of key concepts and prepare effectively for Maharashtra State Board board exams.