Q#1: Which one of the country has more collectivist culture?
(A) USA
(B) Japan
(C) Pakistan
(D) None of the above
Answer: (B) Japan
Q#2: Socialist view on distribution is best described as:
(A) From each according to his ability, to each according to his needs
(B) The benefits a person receives should be proportional to his contribution
(C) From each they choose, to each as they are chosen
(D) Always treat humanity as an end in itself rather than as a means
Answer: (A) From each according to his ability, to each according to his needs
Q#3: What is the number of characteristics that differentiate between moral and non-moral standards?
(A) 5
(B) 4
(C) 2
(D) 1
Answer: (B) 4
Q#4: Which of the following does NOT describe “virtue”?
(A) The traits that everyone needs for a good life
(B) An excellence that is admired in a person
(C) A disposition to act in multidimensional way
(D) A specific state of character
Answer: (C) A disposition to act in multidimensional way
Q#5: Which one of the following is not considered as category of issues involving justice?
(A) Distributive justice
(B) Retributive justice
(C) Compulsory justice
(D) Compensatory justice
Answer: (C) Compulsory justice
Q#6: Which one is the justice concern of blaming or punishing persons for doing wrong?
(A) Distributive justice
(B) Redistributive justice
(C) Compensatory justice
(D) None of the given
Answer: (A) Distributive justice
Q#7: Moral standards are absorbed from?
(A) Family & Friends
(B) Experience
(C) Intellectual capital
(D) All of the above
Answer: (D) All of the above
Q#8: Individual actions are directed through:
(A) Policies
(B) Culture
(C) Associations
(D) Both a & b
Answer: (D) Both a & b
Q#9: Equality of income and equality of opportunity refers to:
(A) Equality
(B) Political equality
(C) Economic equality
(D) Human equality
Answer: (C) Economic equality
Q#10: Which one of the following is not a basic type of moral standards?
(A) Utilitarianism
(B) Rights
(C) Justice
(D) Relevant
Answer: (D) Relevant
Q#11: Which one of the following is a component of free market systems?
(A) Private property system
(B) Involuntary exchange system
(C) Command system
(D) None of the given
Answer: (A) Private property system
Q#12: Which philosopher of utilitarianism presents the cost-benefit analysis?
(A) Aristotle
(B) Mill
(C) Kant
(D) Bentham
Answer: (D) Bentham
Q#13: Which principle of John Rawls assumes that a productive society will incorporate inequalities?
(A) Principle 1
(B) Principle 2
(C) Part a of principle 2
(D) Part b of principle 2
Answer: (C) Part a of principle 2
Q#14: Right action defined by logical comprehensiveness, universality, and consistency is known as:
(A) Interpersonal Concordance Orientation
(B) Universal Ethical Principles Orientation
(C) Social Contract Orientation
(D) Law and Order Orientation
Answer: (B) Universal Ethical Principles Orientation
Q#15: Which one is considered as primary economic institution?
(A) Business Enterprises
(B) Banks
(C) Insurance companies
(D) None of the above
Answer: (A) Business Enterprises
Q#16: Kohlberg’s research indicates that pre-conventional reasoning is dominant in:
(A) Elementary school
(B) Adulthood
(C) Adolescence
(D) Old age
Answer: (A) Elementary school
Q#17: In how many ways efficiency comes about in perfectly competitive free markets?
(A) Two ways
(B) Three ways
(C) Four ways
(D) None of the above
Answer: (A) Two ways
Q#18: Which of the following is NOT a feature of free market?
(A) Free choice
(B) Free enterprise
(C) Price flexibility
(D) Price fixing
Answer: (D) Price fixing
Q#19: In which year Township and Village Enterprises (TVEs) legalized?
(A) 1974
(B) 1984
(C) 1994
(D) 2004
Answer: (B) 1984
Q#20: Which of the following deals with distribution of benefits and burdens in social institutions?
(A) Retributive justice
(B) Compensatory justice
(C) Distributive justice
(D) Ethical justice
Answer: (C) Distributive justice
Q#21: Which statement reflects the “punishment and obedience orientation” stage?
(A) I don’t steal because my friends don’t steal
(B) I don’t steal because I don’t want to be spanked
(C) I don’t steal because it would harm society
(D) I don’t steal because it wouldn’t be fair
Answer: (B) I don’t steal because I don’t want to be spanked
Q#22: A principle acceptable to rational self-interested persons is known as:
(A) Moral
(B) Basic
(C) Immoral
(D) None of the above
Answer: (A) Moral
Q#23: Which is NOT a basis of critical method in ethics?
(A) Counter examples
(B) Hypothetical examples
(C) Literature examples
(D) Both a & b
Answer: (C) Literature examples
Q#24: Who presented the theory of absolute advantage?
(A) Adam Smith
(B) Friedrich A. Hayek
(C) Murray Rothbard
(D) Eric Mack
Answer: (A) Adam Smith
Q#25: Moral standards are absorbed from?
(A) Family & Friends
(B) Experience
(C) Intellectual capital
(D) All of the above
Answer: (D) All of the above
Q#26: Which ethic sees communities and relationships as fundamental value?
(A) The care of ethic
(B) Demands of caring
(C) Communitarian ethic
(D) Socialism
Answer: (C) Communitarian ethic