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.

 

Who, according to the economists, are the right group of people to set the price of a commodity?

 

A) the aggregate of consumers B) the buyers
C) the sellers D) the economists
 
Answer & Explanation Answer: A) the aggregate of consumers

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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.


____________ so long ago, virtually everyone seemed _____________ that a sizeable majority of British voters ____________ reaffirm their faith and confidence in a united Europe. Unfortunately, what was considered to be a remote possibility has actually become a very ____________ reality. A small majority of voters ____________ to take Britain out of the European Union (EU) in the referendum held on June 23.


____________ so long ago,

A) Not B) Far
C) So D) Nor
 
Answer & Explanation Answer: A) Not

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. "Mother do you love me?", she asked.
P. She then looked into her mother's tear-filled eyes out of impatience for a reply.
Q. She kept waiting but her mother did not speak.
R. Then, she understood what words the mother's eyes spoke and the reason for her silence.
S. She got no direct reply and grew restless.
6. She climbed slowly on to her mother's lap.

 

A) PRQS B) QSRP
C) SQPR D) RQPS
 
Answer & Explanation Answer: C) SQPR

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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.

 

What does "victim-centric" mean in the criminal justice system? It means restoring the confidence of victims in the system and achieving the __________ of justice in whichever sense the idea is conceived. __________ this end, the system must confer certain rights on victims to enable them to _____________ in the proceedings, including the right to be impleaded and to engage an advocate in serious offences, the right to track the progress of ________________, the right to be heard on critical issues and to assist the court in the ___________ of truth.

 

achieving the __________ of justice in whichever sense the idea is conceived.

A) purpose B) agenda
C) plan D) goal
 
Answer & Explanation Answer: D) goal

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Q:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Consensus

A) Accord B) Discord
C) Consent D) Unity
 
Answer & Explanation Answer: B) Discord

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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.


A saint or a satyagrahi is often put on a ___________, freezing her acts of goodness in time. Goodness acquires an act of fixed quality __________ in amber. Rather than _____________ a living creature, a saint or an icon becomes a hoarding, a permanent spectacle or a redundant quotation. Saintliness or heroism becomes a bundle of pictures in a calendar, a statue __________ inflexibly. Goodness becomes a stencil fixed _________ time.


Goodness acquires an act of fixed quality __________ in amber.

A) ingrained B) impacted
C) embedded D) deep­seated
 
Answer & Explanation Answer: C) embedded

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Q:

Oxide of which of the following will turn red litmus blue?

A) Magnesium B) Phosphorus
C) Sulphur D) Carbon
 
Answer & Explanation Answer: A) Magnesium

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Q:

Which of the following tax systems will help to reduce economic inequalities in India?

A) Regressive Tax B) Progressive Tax
C) Flat rate tax D) None of these
 
Answer & Explanation Answer: B) Progressive Tax

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