Question: Which of the following statements best describes the significance of the Magna Carta of 1215?

Options:

1. It established the principle of the divine right of kings.
2. It limited the powers of the king and laid the foundation for parliamentary democracy.
3. It was the first written constitution in the world.
4. It abolished feudalism in England.

Correct Answer: It limited the powers of the king and laid the foundation for parliamentary democracy.

Solution:

The Magna Carta established the principle that everyone, including the king, was subject to the law, thus limiting the powers of the monarchy and laying the groundwork for the development of parliamentary democracy.