Exams


Q:

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.

 

Selling a commodity at a price that is not more than that charged by competitors is -

A) rejected by the free market system B) opposed by the advocates of the free market theories
C) considered suspicious by the free market theorists D) recognized by the advocates of the free market theories
 
Answer & Explanation Answer: D) recognized by the advocates of the free market theories

Explanation:
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Filed Under: English
Exam Prep: Bank Exams

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Q:

What is the value of sec2θ + 1sec2θ - 1 x 12cotθ - tanθ ?

A) 0 B) 1
C) cosec θ D) sec θ
 
Answer & Explanation Answer: B) 1

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Filed Under: Simplification
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Q:

The average of first 20 multiples of 12 is

A) 124 B) 120
C) 126 D) 130
 
Answer & Explanation Answer: C) 126

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Filed Under: Problems on Numbers
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Q:

In the following passage, some of the words have been left out. Read the passage carefully and select the correct answer for the given blank out of the four alternatives.

 

Teachers worldwide are stuck in a constant balancing __________ between individual liberty and occupational obligations. The Indian teacher is _________ stuck in tremendous technological, political and sociocultural changes, which are having ________ impact on performance and lifestyle. It goes without saying that teachers in India need to redefine and adjust their _____________ to develop transformational and humane skills by helping bridge the deep-rooted ______________ distance between the teacher and the taught.

 

and adjust their _____________ to develop transformational

 

A) think B) thoughtful
C) thought D) thinking
 
Answer & Explanation Answer: D) thinking

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Filed Under: English
Exam Prep: Bank Exams , GRE , TOEFL

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

Shah Jahan built the Red Fort.

 

A) The Red Fort is build by Shah Jahan B) The Red Fort was built by Shah Jahan
C) The Red Fort got build by Shah Jahan D) The Red Fort built by Shah Jahan
 
Answer & Explanation Answer: B) The Red Fort was built by Shah Jahan

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Filed Under: English
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Q:

Which article can be used by The President of India to declare financial emergency?

A) Article 32 B) Article 349
C) Article 360 D) Article 365
 
Answer & Explanation Answer: C) Article 360

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Filed Under: Indian Politics
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Q:

Find the missing numbers from the given alternatives

A) 73 B) 68
C) 101 D) 55
 
Answer & Explanation Answer: A) 73

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Q:

Which one of the following is not an exclusive right of the concerned coastal nations over Exclusive Economic Zone (EEZ)?

A) Survey and exploitation of mineral resources of ocean deposits B) Exploitation of marine water energy and marine organisms including fishing
C) Conservation and management of marine resources D) Navigation of ships and laying down submarine cables
 
Answer & Explanation Answer: D) Navigation of ships and laying down submarine cables

Explanation:

In the exclusive economic zone, the coastal nation has sovereign rights for the purpose of exploring and exploiting, conserving and managing the natural resources, whether living or non-living, including production of energy from the water, currents and winds. However, In the exclusive economic zone, all nations, whether coastal or land-locked shall enjoy the freedom of navigation and overflight and of the laying of submarine cables and pipelines, and other internationally lawful uses of the sea. That means fourth right is not exclusive only for the coastal nations.

 

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Filed Under: General Awareness
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