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 -

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 special court was ____________ without having reached any decision on the case.

The depletion in Ozone layer is caused by ___________ .

Which element is not a part of a nitrogenous base?

Nepal does not share its border with which Indian state?

In the following questions, 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.
Language, they say, is the _____ through which human beings perceive the world. If so, English is perhaps the most _____ lens through which to see animals. It has _____ a cross eyed view of birds, beasts, fish and fowl. The very word “animal” can _____ the brutish and the sensual. Animal _____ imply baseness and vulgarity.
Animal _____ imply baseness and vulgarity.

The short run average cost curve is ____ shaped.

Read the sentence to find out whether there is any error in it. The error, if any, will be in one part of the sentence. If the given sentence is correct as it is, the answer is ‘No error’. Ignore the errors of punctuation, if any.

Sometimes, when you are used to/ see a player in the commentary/ box over a long period, you tend to/ forget what a great player he was