Questions

In the following question, out of the four alternatives, select the word similar in meaning to the word given.
Surreptitious

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

Which of the following compounds is the strongest acid?

Which one of the following forms the base of vegetable fibres?

Where was Mahatma Gandhi born?

An object is placed on the principal axis of a cortex lens of focal length 10 cm. If the distance of the object from the lens is 30 cm, what is the distance of the image formed?

Whom did Akbar defeat in the 2nd battle of Panipat in 1556?

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 -