Marx’s theory of surplus value holds that:

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

Marx has given numerous causes which will lead to the overthrow of capitalism. Some of the causes are given below. However one of the causes listed is not

Marx has given numerous causes which will lead to the overthrow of capitalism. Some of the causes are given below. However one of the causes listed is not

A. Capitalism concentrates large
B. Capitalism reduces the purchasing capacity of workers by paying them lowest wages
C. Capitalism concentrates the capital in the hands of fewer persons and pushes the smaller capitalists in the rank of working classes
D. Capitalism frees the workers from economic worries and thus makes it possible for them to wage a strong struggle against capitalism

Which one of the following criticism against Marxism has been wrongly listed?

Which one of the following criticism against Marxism has been wrongly listed?

A. It attaches too much importance to the religious factor in the interpretation of history
B. It attaches too much importance to the materialistic factor in interpretation of history
C. It wrongly asserts that the value of goods is determined by labour alone
D. It wrongly considers the state as an instrument of oppression