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:

Select the word with the correct spelling.

A) deceased B) choiciest
C) anglecan D) thankfull
 
Answer & Explanation Answer: A) deceased

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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.

She deserved the accolades as she ____________________ for it.

A) hardly worked B) had hard worked
C) was working hard D) had worked hard
 
Answer & Explanation Answer: D) had worked hard

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Q:

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

The teacher said that the burglar had broken into the office.

A) The teacher said,"The burglar had broken into the office." B) The teacher said,"The burglar break into the office."
C) The teacher said,"The burglar broken into the office." D) The teacher said,"The burglar was broken in the office."
 
Answer & Explanation Answer: A) The teacher said,"The burglar had broken into the office."

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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 appropriate option. If a sentence is free from error, select 'No Error'.

I took the shortest (1)/ way through the (2)/ little park close the palace. (3)/No Error (4)

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

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Q:

The Samjhauta Express runs between Delhi to which city in Pakistan?

A) Karachi B) Islamabad
C) Quetta D) Lahore
 
Answer & Explanation Answer: D) Lahore

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Q:

Limonitic ore is the ore of which metal?

A) Iron B) Aluminium
C) Zinc D) Cobalt
 
Answer & Explanation Answer: A) Iron

Explanation:

Limonite is one of the two principal iron ores, the other being hematite, and has been mined for the production of iron.

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Q:

Who Invented the computer mouse?

A) Gene Dolgoff B) Brendan Eich
C) Douglas Engelbart D) Federico Faggin
 
Answer & Explanation Answer: C) Douglas Engelbart

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