Which of the following is not a source of ethical standards?

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MPPSC Assistant Prof 2022 Commerce Paper II
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  1. The utilitarian approach
  2. The trusteeship approach
  3. The Justice approach 
  4. The virtue approach

Answer (Detailed Solution Below)

Option 2 : The trusteeship approach
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MPPSC Assistant Professor UT 1: MP History, Culture and Literature
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Detailed Solution

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The correct answer is - The trusteeship approach

Key Points

  • The trusteeship approach
    • The trusteeship approach is not a widely recognized source of ethical standards.
    • Commonly accepted sources of ethical standards include the utilitarian approach, justice approach, and virtue approach.
    • These approaches provide frameworks for evaluating the morality of actions based on outcomes, fairness, and character, respectively.

Additional Information

  • Utilitarian Approach
    • Focuses on the outcomes of actions, aiming to maximize overall happiness or minimize overall pain.
    • Decisions are evaluated based on their consequences for the greatest number of people.
  • Justice Approach
    • Emphasizes fairness, equity, and impartiality in decision-making.
    • Actions are judged based on how they uphold or violate principles of justice and equality.
  • Virtue Approach
    • Centers on the character and virtues of the moral agent rather than the ethical rules or consequences of specific actions.
    • Encourages individuals to develop good character traits such as honesty, courage, and compassion.
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