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.

 

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

 

A) effective and productive B) constructive and practical
C) normal and having valuable economic function D) systematic and relevant
 
Answer & Explanation Answer: C) normal and having valuable economic function

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Q:

The question below consists of a set of labelled sentences. These sentences, when properly sequenced form a coherent paragraph. Select the most logical order of sentences from among the options.

 

P: Those who say death should be the punishment in some cases, agree that it is to be in special cases alone, the most heinous and gravest of crimes.
Q: They feel that it is only fear of severe punishment that will deter the criminal and reduce the occurrence of heinous crimes.
R: The advocates and the abolitionists of capital punishment have their own arguments in support of their stand.
S: The most prominent argument put forth by the advocates of the death penalty is that of deterrence.

 

A) RPSQ B) PQSR
C) SQPR D) QPSR
 
Answer & Explanation Answer: A) RPSQ

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Q:

In the following question, out of the given four alternatives, select the one which best expresses the meaning of the given word.

 

Cruddy

 

A) Creamy B) Dirty
C) Spotless   D) Greedy
 
Answer & Explanation Answer: B) Dirty

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Q:

During Akbar's reign who was the Finance Minister of the Mughal empire?

A) Raja Todar Mal B) Man Singh I
C) Birbal D) Tansen
 
Answer & Explanation Answer: A) Raja Todar Mal

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Filed Under: Indian History
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Q:

In each of the following questions three statements are given and these statements are followed by two conclusions numbered (1) and (2). You have to take the given three statements to be true even if they seem to be at variance from commonly known facts. Read the conclusions and then decide which of the given conclusions logically follows from the two given statements, disregarding commonly known facts.
Statements:

All books are novels.
No novel is a magazine.
All magazines are newspaper.
Conclusions: 

I.No book is a magazine.
II. Some newspaper are novels.

A) If only (I) conclusion follows B) If only (II) conclusion follows
C) If either (I) or (II) follows D) If neither (I) nor (II) follows and
 
Answer & Explanation Answer: A) If only (I) conclusion follows

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Q:

Who invented the bifocal glasses?

A) Thomas Alva Edison B) Benjamin franklin
C) Evangelista D) Isaac Newton
 
Answer & Explanation Answer: B) Benjamin franklin

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Filed Under: Inventions
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Q:

Ibrahim Lodi was killed by ........... in the First Battle of Panipat in 1526.

A) Muhammad Shah B) Firoz Shah Tughlaq
C) Babur D) Timur
 
Answer & Explanation Answer: C) Babur

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Filed Under: Indian History
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Q:

Trinitrotoluene is

A) used to melt metals B) used to fuse two metals
C) used as an abrasive D) used as an explosive
 
Answer & Explanation Answer: D) used as an explosive

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