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.

 

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

A) rejected by the free market system B) opposed by the advocates of the free market theories
C) considered suspicious by the free market theorists D) recognized by the advocates of the free market theories
 
Answer & Explanation Answer: D) recognized by the advocates of the free market theories

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Q:

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

 

All good things must come to an end

 

A) Even enjoyable experiences cannot last for ever B) A good story should always have a happy ending
C) The world will be destroyed one day D) Only bad things can continue forever. Life of good things feel short.
 
Answer & Explanation Answer: A) Even enjoyable experiences cannot last for ever

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Q:

Amir Khusrow was the disciple of whom?

A) Mirza Ghiyas Beg   B) Nizamuddin Auliya
C) Asadulla Beg D) Sheikh Salim Chisti
 
Answer & Explanation Answer: B) Nizamuddin Auliya

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Filed Under: Indian History
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Q:

Who is the winner of 2017 Indian Premier League (Cricket)?

A) Mumbai Indians B) Rising Pune Supergiant
C) Delhi Daredevils D) Sunrisers Hyderabad
 
Answer & Explanation Answer: A) Mumbai Indians

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Q:

In December 2017, Indian Railways announced to equip all trains with Bio-Toilets by ______

A) December 2018 B) March 2019
C) December 2019 D) March 2018
 
Answer & Explanation Answer: A) December 2018

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Q:

In the following passage some of the words have been left out. Read the passage carefully and choose the correct answer for the given blank out of the four alternatives.


We are ____ in a time of great and _____changes. The most obvious _____of the modern world is the _____development of science and technology. This has given man a deeper _____of nature.


time of great and _____changes

A) convenient B) continuing
C) coveted D) consequent
 
Answer & Explanation Answer: B) continuing

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Q:

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)

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

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Q:

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.

The King Juan Carlos of Spain(A)/arrived in London today(B)/for a three day visit(C)/No error(D)

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

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