Choose the correct one-word substitute for: 'A political system based on the rule of the wealthy'.
- AOption (a)
Oligarchy
- BOption (b)
Aristocracy
- COption (c)
Plutocracy
- DOption (d)
Meritocracy
View answer & explanationHide answer & explanation
Correct answer
Plutocracy
Why this answer is correct
The correct answer is: Option 3 i.e. Plutocracy.
Key Points
- The word "Plutocracy" refers to a political system or society that is ruled or controlled by the wealthy. (धनपतियों का शासन)
- Example: Some critics argue that modern democracies are evolving into plutocracies where the rich have disproportionate influence over political decisions.
- "Plutocracy" is derived from the Greek words "ploutos" (wealth) and "kratos" (power), which signify "the rule of the wealthy."
Therefore, the correct answer is: Option 3 i.e. Plutocracy.
Additional Information
Here are the other options explained along with their Hindi meanings and example sentences:
- Oligarchy (गुटतंत्र): A form of government in which power is held by a small group of people.
- Example: The country was run as an oligarchy by a small elite group of political leaders.
- Aristocracy (कुलीनतंत्र): A form of government in which power is held by the nobility.
- Example: The aristocracy of the old European societies wielded significant power over the common people.
- Meritocracy (योग्यता आधारित शासन): A system in which advancement is based on individual ability or achievement.
- Example: The company promoted employees based on meritocracy, rewarding hard work and talent.