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.

 

Who, according to the economists, are the right group of people to set the price of a commodity?

 

A) the aggregate of consumers B) the buyers
C) the sellers D) the economists
 
Answer & Explanation Answer: A) the aggregate of consumers

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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".

I will not buy some mangoes.

A) a little B) much
C) any D) No improvement
 
Answer & Explanation Answer: C) any

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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.

An outline representing or bounding the shape or form of something.

A) tracery B) contour
C) doodle D) pattern
 
Answer & Explanation Answer: B) contour

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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.

While language as the medium ___________ thought may be compared to air as the medium of the sun's influence, in other _____________ it is like the skin of the body; a scurvy skin shows bad blood within, and a scurvy language shows inaccurate thought ___________ a confused mind. And as a disease once fixed on the skin reacts and poisons the blood in turn as it has first been poisoned by the blood, so careless use of language __________ indulged reacts on the mind to make it permanently and increasingly _____________, illogical, and inaccurate in its thinking.

use of language __________ indulged reacts

A) of B) then
C) if D) at
 
Answer & Explanation Answer: C) if

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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.

All moonshine

A) Glowing B) Far from reality
C) Celestial D) About the moon
 
Answer & Explanation Answer: B) Far from reality

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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.

Out of print

A) Not able to print due to being short on paper B) A book no longer available from the publisher
C) Intentionally not mention some items in the article or book D) All publishers refuse to publish your book
 
Answer & Explanation Answer: B) A book no longer available from the publisher

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Q:

In the following questions, 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.

Education is for life, not merely for a livelihood. As long as we are unmindful of this _____, the _____ of our educational curriculum as well as that of our _____ and students is likely to remain _____. It is not enough for a society to have experts. It needs human beings who can think, feel and act generously, the kind of people who cannot be replaced by computers and _____.

is likely to remain _____. It is not enough for a society to have experts.

A) inadequate B) indifferent
C) represented D) unmeasurable
 
Answer & Explanation Answer: A) inadequate

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Q:

India  signed  an  agreement  in  2016  to develop   a   strategic   port   in   one   of   its neighbouring  countries.  What  is  the  name of the port?

A) Chabahar B) Gwadar
C) Hambantota D) Mongla
 
Answer & Explanation Answer: A) Chabahar

Explanation:

India   signed   a   historic   deal   to develop    the    strategic    port    of Chabahar  in  Iran  and  agreed  on  a three-nation    pact    to    build    a transport-and-trade corridor through   Afghanistan   that   could help  halve  the  time  and  cost  of doing  business  with  Central  Asia and     Europe.     Developing     the  Chabahar  port  was  seen  as  crucial for  India  because  it  will  not  only allow New Delhi to bypass Pakistan and access global markets but also counter    China’s    expanding influence   in   the   Indian   Ocean region. But the project’s land route through   Afghanistan   remains   a security headache

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