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:

The sentences given with blanks are to be filled with an appropriate word(s). Four alternatives are suggested for each question. For each question, choose the correct alternative and click the button corresponding to it.

One should always set _____ some money for emergency.

A) aside B) on
C) by D) out
 
Answer & Explanation Answer: A) aside

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Q:

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

To make a fuss about

A) To be extremely delighted B) To work hard for eventual success
C) To be very strict or have very high standards D) An excessive display of attention or activity
 
Answer & Explanation Answer: D) An excessive display of attention or activity

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Q:

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

Back to the drawing board

A) An idea has been unsuccessful and that a new one must be devised B) A person decides his own fate
C) All efforts can be wasted because of one mistake D) One always returns to his roots in times of crisis
 
Answer & Explanation Answer: A) An idea has been unsuccessful and that a new one must be devised

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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.

If you write a forty-page essay in one night, you'll accomplish a huge _______.

A) treat B) feat
C) fleet D) beat
 
Answer & Explanation Answer: B) feat

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Q:

In the following question, a sentence has been given in Active/Passive voice. Out of the four alternatives suggested, select the one which best expresses the same sentence in Passive/Active voice.

 

The taxi will drop you at the airport.

A) The taxi at the airport will be dropping you. B) Dropping you at the airport will be done by the taxi.
C) You will be dropped at the airport by the taxi. D) The taxi is dropping you at the airport.
 
Answer & Explanation Answer: C) You will be dropped at the airport by the taxi.

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Q:

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.

India’s motto has been Vasudeva Kutumbakam or that the whole world is _____ community. There are a _____ of pillars upon which India’s policy of living in peace with and _____ peace among nations of the world rests. Policies of non-alignment, peaceful co-existence, economic and cultural cooperation disarmament and peaceful _____ of nuclear energy, _____ of International disputes through negotiations and peaceful means are some of the salient features that give credence to India’s commitment to world peace.

of living in peace with and _____ peace among nations of the world rests.

A) disturbing B) allowing
C) generating D) promoting
 
Answer & Explanation Answer: D) promoting

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Q:

Which colour is formed when Red and Green are mixed?

A) Light blue B) Yellow
C) White D) Grey
 
Answer & Explanation Answer: B) Yellow

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