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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Filed Under: English
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Q:

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

curiosity killed the cat

 

A) a person who constantly keeps asking questions is avoided by everybody B) everybody has a fatal weakness
C) being inquisitive about other people's affairs may get you into trouble D) everyone feels like killing a nagging person
 
Answer & Explanation Answer: C) being inquisitive about other people's affairs may get you into trouble

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Q:

Jeev Milkha Singh is associated with which game?

A) Polo B) Badminton
C) Golf D) Tennis
 
Answer & Explanation Answer: C) Golf

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Filed Under: Sports
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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.

 

To better the public transport system, the municipality ______________ the scheme of securing dedicated lanes for buses.

A) marketed B) launched
C) floated D) enhanced
 
Answer & Explanation Answer: B) launched

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Q:

In each of the questions, four alternatives are given for the Idiom/Phrase. Choose the alternative which best expresses the meaning of the Idiom/Phrase and click the button corresponding to it.

For all intents and purposes

A) For all businesses B) Obliquely
C) Practically D) Almost perfect
 
Answer & Explanation Answer: C) Practically

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Q:

A sentence/a part of the sentence is underlined. Four alternatives are given to the underlined part which will improve the sentence. Choose the correct alternative and click the button corresponding to it. In case no improvement is needed, click the button corresponding to "No improvement".

The rays of the sun that is setting glimmer like golden threads.

A) the sunset glimmers B) the set sun glimmering
C) the setting sun glimmer D) No improvement
 
Answer & Explanation Answer: C) the setting sun glimmer

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Q:

Out of the four alternatives, choose the one which can be substituted for the given words/sentences and click the button corresponding to it.

That which can be believed

A) Miraculous B) Creditable
C) Credible D) Gullible
 
Answer & Explanation Answer: C) Credible

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Q:

Who is the current(as of February 2018) President of the Indian Olypic Association?

A) Abhnav Bindra B) Prannoy Roy
C) Narinder Dhruv Batra D) Sharad Pawar
 
Answer & Explanation Answer: C) Narinder Dhruv Batra

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Filed Under: General Awareness
Exam Prep: CAT , Bank Exams , AIEEE

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