Questions

Who was the first Indian astronomer to calculate the time taken by earth to orbit the sun?

The SI unit of intensity of sound is ______.

If an object moves in a purely rotatory motion, then each constituent particle of the body moves in a circle, the centre of which is located on a line is called _______.

The number of neutrons in an atom is equal to the :

How many members of the Rajya Sabha are elected every two years?

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

To proclaim widely or loudly.

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

Covenant

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.

Price-fixing is a phenomenon that is normal in -