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:

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.

The ___________ my husband and I had was so loud it woke our children.

A) quarrel B) coral
C) moral D) laurel
 
Answer & Explanation Answer: A) quarrel

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Q:

As per the structure and origin, the Highlands of Meghalaya is part of which of the following?

A) Himalaya range B) Purvanchal Hill
C) Arakan Yoma Mountain D) Peninsular plateau
 
Answer & Explanation Answer: D) Peninsular plateau

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Filed Under: Indian Geography
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Q:

DPT vaccine is categorized as which of the following ?

A) Anti viral vaccine B) Anti protozoan vaccine
C) Anti rickettsial vaccine D) A combined vaccine
 
Answer & Explanation Answer: D) A combined vaccine

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Filed Under: Biology
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Q:

Which one of the following is a water soluble vitamin?

A) A B) C
C) K D) D
 
Answer & Explanation Answer: B) C

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Filed Under: Biology
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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 appropriateoption. If a sentence is free from error, select 'No error'.

These kind of clothes (1)/ are rather expensive (2)/ for me to buy. (3)/ No Error (4)

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

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Q:

From the given four figures choose the correct water image of the below figure.

 

 

 

A) D B) C
C) B D) A
 
Answer & Explanation Answer: A) D

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Filed Under: Non Verbal Reasoning
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Q:

The Queen who had the nick name "Bloody Mary"

A) Elizabeth B) Victoria
C) Mary I D) Ruth
 
Answer & Explanation Answer: C) Mary I

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Filed Under: Famous Personalities
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