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 -

The weight of an object is maximum

Who is being awarded with Asian Award 2016 as the Chivas Social entrepreneur of the year?

Which of the following was the winner of the Grammy Awards 2016 "Rap Album of the Year"?

Which king's story is the subject of the play Mudrarakshasa?

Which one of the following is the maximum age of joining National Pension System (NFS) under the NFS Private Sector?

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct

1. My friend Peter went to live in a village.
P. But it was a very slow animal.
Q. So Peter bought a donkey for five hundred rupees.
R. One day his neighbour told him that he must buy a donkey.
S. Every family there had a donkey to carry things for them.
6. It did not like to work.

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button corresponding to it. If the sentence is free from error, click the “No error” option.

Neither the Captain (A) / nor his men are (B) / afraid of fighting (C) / No Error (D)