Indian Philosophy and the Global Economy

Description: Indian Philosophy and the Global Economy
Number of Questions: 15
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Tags: indian philosophy global economy ethics economics
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Which Indian philosophical school emphasizes the importance of non-violence and compassion towards all living beings?

  1. Nyaya

  2. Vaisheshika

  3. Jainism

  4. Mimamsa


Correct Option: C
Explanation:

Jainism is known for its strict adherence to non-violence and its emphasis on compassion and respect for all living beings.

According to the Bhagavad Gita, what is the primary goal of human life?

  1. Wealth accumulation

  2. Political power

  3. Sense gratification

  4. Self-realization


Correct Option: D
Explanation:

The Bhagavad Gita teaches that the ultimate goal of human life is to achieve self-realization, or moksha, through spiritual practices and ethical conduct.

Which Indian economic concept emphasizes the importance of social justice and equitable distribution of resources?

  1. Laissez-faire

  2. Capitalism

  3. Socialism

  4. Sarvodaya


Correct Option: D
Explanation:

Sarvodaya is a Gandhian economic philosophy that promotes the welfare of all, regardless of class, caste, or religion.

What is the central principle of the Upanishads?

  1. Duality of the self

  2. Materialism

  3. Hedonism

  4. Unity of the self


Correct Option: D
Explanation:

The Upanishads teach that the ultimate reality is the Brahman, which is the unified, unchanging essence of all existence, and that the individual self (Atman) is identical to the Brahman.

Which Indian philosopher argued that the pursuit of wealth and material possessions leads to suffering?

  1. Kautilya

  2. Chanakya

  3. Buddha

  4. Mahavira


Correct Option: C
Explanation:

Buddha taught that the root cause of suffering is attachment to worldly desires, including wealth and material possessions.

What is the concept of dharma in Indian philosophy?

  1. Religious duty

  2. Moral obligation

  3. Social order

  4. Cosmic law


Correct Option:
Explanation:

Dharma encompasses all of these aspects, including religious duty, moral obligation, social order, and cosmic law.

Which Indian philosophical school emphasizes the importance of logical reasoning and debate?

  1. Nyaya

  2. Vaisheshika

  3. Samkhya

  4. Yoga


Correct Option: A
Explanation:

Nyaya is known for its emphasis on logical reasoning, debate, and the use of syllogisms to arrive at valid conclusions.

What is the concept of karma in Indian philosophy?

  1. Reincarnation

  2. Cause and effect

  3. Ethical action

  4. Divine retribution


Correct Option: B
Explanation:

Karma refers to the principle of cause and effect, where one's actions in this life determine their fate in future lives.

Which Indian philosopher proposed the idea of the eightfold path as a means to achieve liberation from suffering?

  1. Buddha

  2. Mahavira

  3. Kautilya

  4. Chanakya


Correct Option: A
Explanation:

Buddha taught the eightfold path, which consists of right understanding, right thought, right speech, right action, right livelihood, right effort, right mindfulness, and right concentration, as a way to achieve liberation from suffering.

What is the concept of moksha in Indian philosophy?

  1. Liberation from suffering

  2. Union with the divine

  3. Eternal happiness

  4. All of the above


Correct Option: D
Explanation:

Moksha encompasses liberation from suffering, union with the divine, and eternal happiness.

Which Indian economic concept emphasizes the importance of sustainable development and environmental protection?

  1. Laissez-faire

  2. Capitalism

  3. Socialism

  4. Gandhian economics


Correct Option: D
Explanation:

Gandhian economics prioritizes sustainable development, environmental protection, and the welfare of all.

What is the concept of ahimsa in Indian philosophy?

  1. Non-violence

  2. Compassion

  3. Love

  4. All of the above


Correct Option: D
Explanation:

Ahimsa encompasses non-violence, compassion, and love towards all living beings.

Which Indian philosopher argued that the pursuit of knowledge is the highest good?

  1. Buddha

  2. Mahavira

  3. Kautilya

  4. Chanakya


Correct Option: C
Explanation:

Kautilya, also known as Chanakya, believed that the pursuit of knowledge and education is essential for personal and societal progress.

What is the concept of maya in Indian philosophy?

  1. Illusion

  2. Deception

  3. Ignorance

  4. All of the above


Correct Option: D
Explanation:

Maya refers to the illusion, deception, and ignorance that veils the true nature of reality.

Which Indian economic concept emphasizes the importance of self-sufficiency and local production?

  1. Laissez-faire

  2. Capitalism

  3. Socialism

  4. Swadeshi


Correct Option: D
Explanation:

Swadeshi is an Indian economic concept that promotes self-sufficiency, local production, and the use of indigenous resources.

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