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.

 

Price-fixing is a phenomenon that is normal in -

A) agricultural societies B) industrialized societies
C) pre-industrial societies D) globalised societies
 
Answer & Explanation Answer: B) industrialized societies

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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.

 

The speed with which she typed the draft demonstrated that she is a _______________ secretary.

 

A) savvy B) adapted
C) nimble D) competent
 
Answer & Explanation Answer: D) competent

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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.

The diamond necklace was _______ too extravagant for a simple dinner party.

A) distance B) long
C) very much D) far
 
Answer & Explanation Answer: D) far

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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.

All my hope (A) / were duped (B) / and I was plunged in deep sorrow. (C) / No Error (D)

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

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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'.

"You didn't answer my (1)/ question," he said, (2)/ stepping to her. (3)/No Error (4)

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

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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.

Our nation's _______________ into another country's war could pull us into the crisis.

A) intervention B) intention
C) perfection D) invention
 
Answer & Explanation Answer: A) intervention

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Q:

In the following questions, 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.

Organization are institutions in which members compete for status and _____. They _____ for the resources of the organization, for example, _____ to expand their own departments, for _____ advancement and for power to _____ the activities of others.

of the organization, for example, _____ to expand

A) finance  B) infrastructure
C) resources D) source
 
Answer & Explanation Answer: A) finance 

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Q:

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.
Some of these
X-height of more than
Y-2000 feet above the sea
Z-rocks rise to the

A) YZX B) ZXY
C) YXZ D) XZY
 
Answer & Explanation Answer: B) ZXY

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