Direction: In the following questions, out of the four alternatives, choose the one which can be substituted for the given words/ sentence. 
- 
					 An established principle of practical wisdom
- 
                        - marxism
- maxim
- Neologism
- Platonism
 
Correct Option: B
maxim (N.) : a well-known phrase that expresses something that is usually true or that people think is a rule for sensible behaviour 
marxism (N.) : the political and economic theories of Karl Marx (1818-83) which explain the changes and developments in society as the result of opposition between the social classes 
neologism (N.) : a new word/ expression/ a new meaning of a word 
platonism (N.) : the ideas of the ancient Greek philosopher, Plato and those who followed him
 
	