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.

Price-fixing is a phenomenon that is normal in -

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

Covenant

In the following question, out of the four alternatives, select the alternative which will improve the bracketed part of the sentence. In case no improvement is needed, select "no improvement".

By the time we set out, the sun (sit) pretty in the blue sky.

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

Level playing field

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

Several countries ___________________ the world are now replacing the __________________ model of criminal justice partly _____________________ wholly with different models of restorative justice, _____________________ promising results in crime control. The process is more collaborative, consensual and inclusive, that is characteristic ____________________ indigenous systems of justice.

model of criminal justice partly _____________________

A sentence has been given in Direct/Indirect Speech. Out of the four given alternatives, select the one which best expresses the same sentence in Indirect/Direct Speech.

“Be silent” I said to them.

Select the word with the correct spelling.

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

A government by the military class