Question : What is the primary function of a market in a social institution?
Option 1: To enforce legal regulations
Option 2: To facilitate the exchange of goods and services
Option 3: To provide social welfare programs
Option 4: To conduct religious ceremonies
Correct Answer: To facilitate the exchange of goods and services
Solution : The primary function of a market as a social institution is to facilitate the exchange of goods and services between buyers and sellers.
Question : What is a primary function of the family as a social institution?
Option 1: To regulate trade and commerce
Option 2: To provide emotional support and socialization
Option 3: To enforce legal rules and regulations
Option 4: To organize religious ceremonies
Question : The role of transport in tertiary activities is to:
Option 1: Extract natural resources
Option 2: Manufacture goods
Option 3: Facilitate the movement of goods and services
Option 4: Conduct scientific research
Question : Medium of exchange is ……… function of money.
Option 1: Primary function
Option 2: Secondary function
Option 3: Common function
Option 4: None of the above
Question : What is the primary purpose of international trade?
Option 1: To increase national security
Option 2: To promote cultural exchange
Option 3: To exchange goods and services
Option 4: To reduce environmental impact
Question : The primary function of the watchtowers in Vijayanagar forts was for:
Option 1: Storing weapons
Option 2: Housing soldiers
Option 3: Surveillance and defense
Option 4: Religious ceremonies
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