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.

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

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.

It does not suit you to cast ____________ on the character of such a pure woman.

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.

The generation gap is another of those characteristic features that set Homo sapiens apart from other animals. It is ______ if ever the most intelligent of apes ever blamed its juniors for their ______ ways! Over the years people have tried to analyse it, explain it, understand it, even ignore it, but it remains, ready to ______ each generation as it tries to ______ its own ______ about life and living.

own ______ about life and living.

In the following question, a sentence / a part of sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternative. In case no improvement is required, choose "No Improvement" option.

Ramu, Shyamu and Abdul came forward one after the others.

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.

Essay writing is an art (A) / that requires many planning (B) / on the part of the writer. (C) / No Error (D)

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If there is no error, theanswer is (E), ie ‘No error’. (Ignore the errors of punctuation, if any.)

The reason why he failed/ to attend the meeting/ with a complete presentation/ was because he was unwell./ No error

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best expresses the same sentence in Indirect/Direct speech.
Rajesh ordered his driver to do as he was told.

In which market form, a market or an industry is dominated by a single seller?