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 -

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.

Although it has been felt necessary to devote much space to ________ attempt to find principles that may be said to be at the basis ________ the art of all nations, the executive side of the question has not been neglected. And it is hoped that the __________ method for the study of drawing from the two opposite points of view ofline and mass here advocated may be useful, and help students to avoid some of the _____________ that results from attempting simultaneously the study of these______________ qualities of form expression.

avoid some of the _____________ that results

Find the odd word/letters/number pair from the given alternatives.

Where is the headquarters of the World Customs Organization (WCO) located?

Who among the following has been awarded the Indira Gandhi Award for National Integraty on October 31, 2017?

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.

Morality is _____ with ethics and symbolises the doctrine of actions right or wrong. Politics is the _____ of expediency and need not always be _____. If something is wrong and _____ expedient, it cannot be _____.

Morality is _____ with ethics and symbolises the doctrine of actions right or wrong.

In May 2017, the Base year of All-Indian WPI (Wholesale Price Index) has been revised from 2004-05 to ______.

Working capital is a measure of