QUESTION Which of the following is true about the Islamic banking method the mudarabah? A. A mudarabah contract is similar to a profit-sharing scheme. B. Under mudarabah, when an Islamic bank lends money to a business, it charges interest on the loan. C. It is the most widely used banking method among the world’s Islamic […]
QUESTION Dharma, karma, and nirvana are terms related to: A. Confucianism. B. Hinduism. C. Judaism. D. Islam. E. Protestantism. ANSWER B
QUESTION Many of which of the following believe that the way to achieve nirvana—a state of complete spiritual perfection—is to lead a severe ascetic lifestyle of material and physical self-denial, devoting life to a spiritual rather than material quest? A. Christians B. Hindus C. Muslims D. Protestants E. Confucians ANSWER B
QUESTION Which of the following statements is true about Hinduism? A. Hinduism supported India’s caste system. B. Hinduism allows mobility between castes within an individual’s lifetime. C. Max Weber argued that Hinduism encourages entrepreneurial activity. D. Hindus do not believe in reincarnation, or rebirth into a different body, after death. E. Hinduism was founded by […]
QUESTION Max Weber argued that the ascetic principles embedded in which of the following do not encourage entrepreneurial activity in pursuit of wealth creation because it is perceived that such activities make the attainment of nirvana more difficult? A. Islam B. Hinduism C. Confucianism D. Protestantism E. Capitalism ANSWER B
QUESTION Hindus see mobility between castes as something that can be achieved through: A. appropriate schooling and occupation. B. individual economic achievements over the course of one’s lifetime. C. spiritual progression and reincarnation. D. hard work that results in gradual upward mobility over generations. E. offering prayer five times a day, and by refraining from […]
QUESTION Ms. X is a follower of a religion that emphasizes that individuals should be judged solely by their spiritual achievements. The caste she belongs to is of the highest order in her religion, and hence is highly respected. She also firmly believes that she was born into the high caste as a result of […]
QUESTION In the context of social structure, American society is characterized by a low degree of: A. social stratification. B. mobility between strata. C. entrepreneurial activity. D. managerial mobility. E. dynamism and innovation. ANSWER A Some societies are characterized by a relatively high degree of social stratification and relatively low mobility between strata (e.g., […]
QUESTION According to Max Weber, Protestantism encouraged capitalism’s development by: A. believing that salvation occurred in the next world, rather than this world. B. encouraging the consumption of accumulated wealth by indulging in worldly pleasures. C. adhering to the hierarchical domination of religious and social life that characterized the Catholic Church. D. limiting an individual’s […]
QUESTION The United Republic emphasizes individual performance and achievements in every sphere of society. Which of the following statements is true about the society of this country? A. The country suffers from a low degree of dynamism and innovation. B. The country has a low degree of managerial mobility. C. There is a low degree […]
