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.

Selling a commodity at a price that is not more than that charged by competitors is -

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

Fritter

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

Catch red-handed

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

Kavita asked me, “How is your mother?”

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

Either of two parallels of latitude on the earth, one 23°27′ north of the equator and the other 23°27′ south of the equator

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.

A saint or a satyagrahi is often put on a ___________, freezing her acts of goodness in time. Goodness acquires an act of fixed quality __________ in amber. Rather than _____________ a living creature, a saint or an icon becomes a hoarding, a permanent spectacle or a redundant quotation. Saintliness or heroism becomes a bundle of pictures in a calendar, a statue __________ inflexibly. Goodness becomes a stencil fixed _________ time.

Goodness acquires an act of fixed quality __________ in amber.

In the following question, a sentence has been given in Active/Passive voice. Out of four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

When did Rohit return my bike?

In the following question, 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.

Three Indian ad agencies have _______________ awards at the International competition.