Question : _________ is a market where economic agents can freely exchange their endowments with each other.

Option 1: Market economy

Option 2: Centrally planned economy

Option 3: Aggregate demand based economy

Option 4: Aggregate supply based economy

Question : What was the significance of the 1957 general election in India?  

Option 1: It marked the end of Congress dominance  

Option 2:  It was the first election after the formation of states on a linguistic basis  

Option 3:  It saw the introduction of electronic voting machines  

Option 4: It led to the formation of a coalition government  

Question : What was the significance of the coalitional nature of Congress in the era of one-party dominance?  

Option 1: It led to the rise of regional parties  

Option 2:  It helped Congress maintain its dominance  

Option 3:  It weakened the party's national presence  

Option 4:  It led to frequent changes in government  

Question : A challenge in India-US trade relations is:  

Option 1: The lack of a free trade agreemen

Option 2:  High tariffs on US goods  

Option 3: India's trade surplus with the US 

Option 4:  US restrictions on IT services  

Question : What role does kinship play in understanding ancient social structures? 

Option 1: It determines technological roles 

Option 2: It shapes social relationships and family hierarchies 

Option 3: It influences economic policies 

Option 4: It defines political alliances