Questions

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 -

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

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

 

In short, to write a good letter you must approach the job in the lightest and most casual way. You must be personal, not abstract. You must not say, 'This is too small a thing to put down'. You must say, 'This is just the sort of small thing we talk about at home. If I tell them this they will see me, as it were they'll hear my voice, they'll know what I'm talking about'. That is the purpose of a letter. Carlyle had the trick to perfection. He is writing from Scotsbrig to his brother Alec in Canada and he begins talking about his mother. Good old Mother, he says, 'she is even now sitting at my back, trying at another table to write you a small word with her own hand; the first time she has tried such a thing for a year past. It is Saturday night, after dark; we are in the east room in a hard, dry evening with a bright fire to our two selves; Jenny and her Barns are 'scouring up things' in the other end of the house; and below stairs the winter operations of the farm go on, in a subdued tone; you can conceive the scene! How simple it is and yet how perfect. Can not you see Alec reading it in his far-off home and his eyes moistening at the picture of his old mother sitting and writing her last message to him on earth?

 

The recipient of your letter should ________.

 

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

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

 

Stab someone in the back

 

Filed Under: English
Exam Prep: Bank Exams

Speaker of the Lok Sabha serves for a maximum term of _______ years.

Filed Under: Indian Politics

In the equation of motion v = u + at, u represents _________________

Filed Under: Physics
Exam Prep: Bank Exams

India had signed an Open Skies agreement with which country which will allow designated airlines of both signatory countries to operate freely?

Filed Under: General Awareness

A duty or task to be fulfilled

Subject: General Science Exam Prep: AIEEE , Bank Exams , CAT
Job Role: Analyst , Bank Clerk , Bank PO

In which city of India is Charminar located?

Filed Under: Indian Geography
Exam Prep: Bank Exams