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

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Q:

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

 

Reap the whirlwind

 

A) Providing that other factors or circumstance remain the same B) Suffer negative consequences as a result of one’s actions
C) An indication that something is accepted or regarded favourably D) Believing that moderation is more satisfying than excess
 
Answer & Explanation Answer: B) Suffer negative consequences as a result of one’s actions

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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.

 

Kill someone by covering their nose and mouth so that they suffocate

 

A) Bulwark   B) Foster  
C) Sentinel   D) Smother
 
Answer & Explanation Answer: D) Smother

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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.

 

This is Hrithik Roshan’s autograph, ______?

 

 

A) hasn’t it   B) hasn’t he  
C) isn’t he   D) isn’t it
 
Answer & Explanation Answer: D) isn’t it

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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.

 

It is basic to a democracy that its citizens remain in harmony _______ one another. At the very least, they should _______ treat each other as enemies. Enmity is spreadonly by vested interests that hope to thrive _________ polarising citizens. The ______________ between professed love for the country and infecting the people with hatred remains ignored. There is no instance in history of the policy of ‘divide and rule’ _____________ people’s welfare.

 

The ______________ between professed love

 

A) incompatible B) in compatibility
C) in compatible D) incompatibility
 
Answer & Explanation Answer: D) incompatibility

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Q:

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.
 
So we did get
A- to read a whole lot
B- this day onwards
C- on how we can save the sparrow from

A) ABC B) CBA
C) ACB D) CAB
 
Answer & Explanation Answer: C) ACB

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Q:

Where is the world's highest volcanic mountain Cotopaxi located?

A) Japan B) Philippines
C) Ecuador D) Hawaiian Islands
 
Answer & Explanation Answer: C) Ecuador

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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.

 

Corruption is an evil generally more ______ in the underdeveloped and developing countries of the world.

A) reluctant B) distant
C) rampant D) extravagant
 
Answer & Explanation Answer: C) rampant

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