Questions

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:

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the "No error" option.

On being called, (A) / all of us (B) / entered into the room. (C) / No Error (D)

A) A B) B
C) C D) D
 
Answer & Explanation Answer: C) C

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Filed Under: English
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Q:

In the following question, the sentence given with blank to be filled in with an appropriate word. Select the correct alternative out of the four and indicate it by selecting the appropriate option.

Repetition bred a sense of _____________ with the characters.

A) familiarity B) familiar
C) familiarly D) familiarise
 
Answer & Explanation Answer: A) familiarity

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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which is the best substitute of the words/sentence.
The faculty or power of using one's will

A) Antagonism B) Aversion
C) Rejection D) Volition
 
Answer & Explanation Answer: D) Volition

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Q:

Prahaar' is

A) a battle tank B) a surface-to-surface missile
C) an aircraft carrier D) a submarine
 
Answer & Explanation Answer: B) a surface-to-surface missile

Explanation:

The Prahaar is a short-range, solid propellant, road-mobile ballistic missile designed for tactical strikes against close range targets.It is a surface to surface missile. Prahaar is expected to replace the Prithvi-I short-range ballistic missile in Indian service.

 

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Filed Under: General Awareness
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Q:

What is the term of office of the members of Rajva Sabha?

A) 2 years B) 6 years
C) 7 years D) 4 years
 
Answer & Explanation Answer: B) 6 years

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Filed Under: Indian Politics
Exam Prep: Bank Exams , CAT

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Q:

Which one of the following is correct?

A) Guindy National park is known for tiger reserve. B) Namdapha National Park is meant for lion conservation.
C) Jaldapara is a biosphere reserve. D) Rann of Kutch is a Wild Ass Sanctuary.
 
Answer & Explanation Answer: D) Rann of Kutch is a Wild Ass Sanctuary.

Explanation:

Indian Wild Ass Sanctuary also known as the Wild Ass Wildlife Sanctuary is located in the Little Rann of Kutch in the Gujarat state of India.

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Filed Under: Indian Geography
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Q:

Anamalai Tiger Reserve is in which state?

A) Telangana B) Madhya Pradesh
C) Tamil Nadu D) Kerala
 
Answer & Explanation Answer: C) Tamil Nadu

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Filed Under: Indian Geography
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