NCERT Class 12 Sociology Chapter 4 The Market as a Social Institution MCQs & PYQ

In NCERT Class 12 Sociology Chapter 4, titled "The Market as a Social Institution", students explore the role of markets as integral components of society. The chapter examines how markets are not just economic entities but are influenced by social norms, cultural practices, and political systems. It discusses the evolution of markets, their social dynamics, and their impact on various social groups.
This article provides a comprehensive resource for exam preparation. It includes sample MCQs and subjective questions for CBSE and CUET, alongside downloadable PDFs of Class 12 Sociology Chapter 4 MCQs and previous year questions for detailed practice of NCERT Class 12 The Market as a Social Institution.

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Class 12 Sociology Chapter 4 MCQs
This question bank includes previous years' CUET and CBSE MCQs, along with questions curated by subject experts. Below are 5 sample multiple-choice questions (MCQs) for Class 12 Sociology Chapter 4: The Market as a Social Institution. For the full set of 50 questions, download the PDF using the link provided below.
1- The weekly market, though a very old institution, its character has changed over time. Select the changes that have occured from the following options - especially during the colonial period.
(A) Tribals lost their land to outsiders              (B) The tribal areas were opened up with roads
(C) Tribals still practiced barter system          (D) Rich forests and other resources are now available
(E) Tribals have been introduced to money
Choose the correct answer from the options given below:
(a) (A), (B), (D), (E) Only                                (b) (A), (B), (C), (D) Only
(c) (A), (B), (C), (E) Only                                (d) (A), (D), (E), (C) Only
2. Migrant workers who migrate from drought-prone regions and work on farms during agricultural season and work on brick kilns during off-season are known as:
(a) Temporary workforce                               (b) Permanent workers
(c) Substitute workers                                     (d) Footloose labour
3. Nowadays, marriages are fixed through websites and bureaus as it helps an individual to find his/ her spouse easily. What does this example reflect?
(a) Mode of production               (b) Surplus value        (c) Labour power        (d) Commodification
4. Capital like technology, machinery, electricity, can be categorised under which concept out of the following?
(a) Relations of Production                             (b) Commodification  
(c) Labour Power                                            (d) Means of production
5. Capacity for labour; the mental and the physical capabilities of human beings that are used in the process of production.
The above definition can be best associated with which concept.
(a) Labour                   (b) Labour power        (c) Surplus value         (d) Capitalism
Class 12 Sociology Chapter 4 Subjective Questions Without Solutions
This question bank includes previous years' CBSE subjective questions (2 marks and above) without solutions, along with expert-curated questions. Below are 5 sample subjective questions for Class 12 Sociology Chapter 4: The Market as a Social Institution. To access all questions, download the PDF from the link provided below.
  1. What is a sociologist’s view on market as a social institution?
(CBSE 2019, 4M)
  1. In what way consumption pattern is related to status symbol?
(CBSE 2017, 2M)
  1. How has liberalization impacted the employment patterns in India? Mention any two ways.
(CBSE 2023, 2M)
  1. How has liberalization impacted the employment patterns in India? Mention any two ways.
(CBSE 2023, 2M)
  1. What is disinvestment?
(CBSE 2016, 2M)
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Sub Areas of Chapter 4: The Market as a Social Institution
Chapter Name
Sub Topics
The Market as a Social Institution
4.1 Introduction
4.2 Evolution of Markets
4.3 Markets in Pre-Modern Societies
4.4 Influence of Social Norms on Markets
4.5 Impact of Caste and Class in Markets
4.6 Globalization and Market Dynamics
4.7 Traditional vs Modern Market Systems
Review of NCERT Class 12 Sociology Chapter 4
In NCERT Class 12 Sociology Chapter 4, "The Market as a Social Institution," students explore how markets are deeply intertwined with social and cultural contexts. The chapter highlights the influence of social norms, traditions, and globalization on market practices, providing insights into the dynamics of Indian and global markets.
Mastering this chapter is essential for understanding the intersection of economy and society. By practicing MCQs and subjective questions, students can enhance their knowledge of market systems and their socio-cultural implications.
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