Questions

In 1916 Mahatma Gandhi travelled to _______________ to inspire the peasants to struggle against the oppressive plantation system.

Who Invented Electric Stove?

Who is the author of book ‘Keeping the Faith: Memoirs of a Parliamentarian’?

'The World Outside My Window' is written by which author?

In a certain code language, “FRANK” is written as “GQBML”. How is “MARCO” written in that code language?

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

Beijing Olympics, London Olympics, Rio Olympics, ?

Which one of the following is the maximum age of joining National Pension System (NFS) under the NFS Private Sector?

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 -