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.

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

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

But the war did not cease; though friend and foe alike were almost drowned in blood. It seemed as powerful as eternity, and in time Tony Vassall too went to battle and was killed. The country gave Patience a widow's pension, as well a touching inducement to marry again; she died of grief. Many people died in those days, it was not strange at all. Nathan and his wife got so rich that after the war they died of overeating, and their daughter Olive came into a vast fortune and a Trustee.

In the passage, it is stated that "friend and foe alike were almost drowned in blood." What does it convey?

In the following question, out of the given four alternatives, select the alternative which best expresses the meaning of the Idiom/Phrase.

Reap the whirlwind

Any undesirable change in physical, chemical or biological characteristics of air, land, water or soil is called?

Which of the following provision needs a special majority in Parliament?

Who among the following is the executive head of state in India?

The weight of an object is maximum

A series is given with one term missing. Choose the correct alternative from the given ones that will complete the series.

Beijing Olympics, London Olympics, Rio Olympics, ?