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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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.


That is why publicly invoking these symbols has to be an act of responsible citizenship and not self­____________ demagoguery, but the difference can be hard to _______________. The problem with emotive symbols is that _________________ they can multiply the force of arguments, they cannot replace the arguments__________________. All persuasion harnesses symbols but principled persuasion must also provide arguments that can be _____________ debated.

 

they cannot replace the arguments__________________.

 

A) yourselves B) yourself
C) by themselves D) themselves
 
Answer & Explanation Answer: D) themselves

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Q:

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'.

 

All the (1)/ furnitures also (2)/ burn down by the fire. (3)/ No error (4)

 

A) 1 B) 2
C) 3 D) 4
 
Answer & Explanation Answer: B) 2

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Q:

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, hosts a conference on Global Digital Content Market (GDCM) 2018 in which city?

A) New Delhi  B) Bengaluru 
C) Mumbai  D)  Kolkata 
 
Answer & Explanation Answer: A) New Delhi 

Explanation:

The Department of Industrial Policy and Promotion (DIPP), Ministry of Commerce and Industry, hosts a conference on Global Digital Content Market (GDCM) 2018, on 14th- 15thNovember 2018, in New Delhi. The conference will feature sessions on music, film, broadcasting and publishing, as well as collective management, emerging models and the implications for the market and policy makers.

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Filed Under: Indian Geography
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Q:

Which state does not share its border with Jharkhand?

A) Madhya Pradesh B) Chhattisgarh
C) Orissa D) West Bengal
 
Answer & Explanation Answer: A) Madhya Pradesh

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Q:

Atomic number of which of the following elements is greater than that of Phosphorus?

A) Aluminium B) Silicon
C) Chlorine D) Magnesium
 
Answer & Explanation Answer: C) Chlorine

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Q:

Which of the following elements has the lowest melting point?

A) Iron B) Nitrogen
C) Iodine D) Lead
 
Answer & Explanation Answer: B) Nitrogen

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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.

fuddy-duddy

A) An ill mannered person that one accepts willingly because he/she is a very dear friend B) a person who is very old-fashioned and pompous
C) a shoddy work D) a very confusing situation
 
Answer & Explanation Answer: B) a person who is very old-fashioned and pompous

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