Marx’s theory of surplus value holds that:

A. Labour must be paid minimum wages irrespective of the quantum of goods produced and the profit be passed on to the state
B. The labourers be paid fixed salary and all the profits earned should be used for social good
C. There is difference between what a labourer produces and what he is paid. this difference is known as surplus value and is pocketed by the capitalists.
D. None of the above

According to Marx the value of a good is determined by:

A. Labour
B. Land
C. Capital
D. Combination of all the above factors

Which of the following isnot true about Fabin Socialists?

A. They agree with marx that history of hitherto existing struggle is class struggle
B. Working class is not a separate class from society
C. Capitalism is not an evil
D. Democracy can help in solving present day many problems

Democratic Socialisms is also known as:

A. fabian socialism
B. evolutionary socialism
C. state socialism
D. syndicalism

Who is considered as the founder of Marxian Socialism?

A. Marx
B. Lenin
C. Stalin
D. Laski

Marx belonged to: _____________?

A. Germany
B. Holland
C. France
D. Britain

Marx’s principle of ‘materialistic conception of history’ is based on the assumption that:

A. The course of history remains unchanged
B. The course of history is determined by the leaders of society
C. The course of history is determined by the conscience of men
D. The course of history is determined by the mode of production

The Marxists believe that the political power is generally used for:

A. Common good
B. Good of the society as a whole
C. Promotion of the interests of the economically dominant classes
D. Promotion of the interests of the economically backward classes

According of Marx the society broadly consists of:

A. Two classes
B. A number of classes arranged in hierarchical order
C. Only one class
D. Four classes

Dialectical Materialism of Marx means:

A. History is the creation of materialistic forces
B. History is the creation of spiritual forces
C. History is the creation of religion and force events
D. History is created as result of clash of contrary material forces