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

You (will being surprised) to learn that some leading philosophers have supported immoral views.

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

A person or thing that is a perfect example of a particular quality or type

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form a coherent paragraph.

The smoke rises and

A-chokes my apartment

B-gets trapped in the

C-tree-tops and

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".

I (had been) a unique case of slow learning.

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

Relating to or involved in crime

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

Under the weather

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.

People are now either exposed to the very best of their inner circle and the world, ________ to the worst — articles that look to shock, to provoke rage and put a lens on everything that is wrong _________ the world. Imperceptibly, it goes unsaid that often __________ pieces of ‘news’ fail to actually provide a constructive solution. The effect of such a disparity _________ to the same effect as news of TV and newspapers — a feeling that what we see does not ____________ our lives.

we see does not ____________ our lives.