Questions

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Esoteric

Who discovered theory of relativity?

‘Local Government’ is a subject mentioned in which list under 7th schedule of Indian constitution?

The Sharda Act is related to

ISRO has successfully launches 104 satellites in a single flight from?

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers.

Price-fixing is a phenomenon that is normal in -

Indian Super League is associated with which sport?

In a Village panchayat society 574 names are enlisted as 'below poverty level'. If 14% of the villagers are below poverty level, the total number of villagers is?