General Knowledge Questions

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.

A major act of will will bring about price-fixing that will be seen as -

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Thank you for (1)/ getting me (2)/ of the hook. (3)/No Error (4)

What was India's ranking in Rio Olympics 2016 Medal List?

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.
To exclude from a society or group.

In IT, associative memory is called as

The 2018, which of thefollowing countries have legalizedthe possession and use of recreational cannabis?1, America2. Canada3. Nigeria4. UruguaySelect the correct answer using the code given below:

There is a network that can connect networks ranging from small location or area to a bigger range including public packet network and large corporate networks. That networks enterprise allows users to share access to applications,services and other centrally located resources. Its ability for a huge geographical access has transformed networking.Which among the following is that network?

Oil change intervals as specified by the vehicle manufacturer are