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:

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

 

Inhibit

 

A) Check B) Stop
C) Frustrate D) Allow
 
Answer & Explanation Answer: D) Allow

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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.

 

Be under no illusions

 

A) Not be duped by a cheater B) Get out of a magic spell
C) Don’t have the habit of daydreaming D) Be fully aware of the true state of affairs
 
Answer & Explanation Answer: D) Be fully aware of the true state of affairs

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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.


The phrase consists usually of a few words which denote a single idea that __________ a separate part of a sentence. In this respect it differs from the clause, ___________ is a short sentence that forms a distinct part __________ a composition, paragraph, or discourse. Correct phrasing is_______________ by rests, such rests do not break the ______________ of a thought or the progress of the sense.


idea that __________ a separate part

A) form B) forms
C) formation D) forming
 
Answer & Explanation Answer: B) forms

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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.


But what does this enthusiasm for voting actually _____________? One popular theory ____________ that poor people __________ because they are intimidated into doing so. Intimidation occurs for sure but why then, voters in places where there is no intimidation do so? Another theory is that people vote in return for _____________. But recent research across India _________ that those who spend the most do not always win elections and voters do not feel any obligation to vote for those handing out freebies. In fact, they often accept the goodies from allparties but vote for only one.


But what does this enthusiasm for voting actually _____________?

A) answer B) signify
C) ponder D) suppose
 
Answer & Explanation Answer: B) signify

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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.


But what does this enthusiasm for voting actually _____________? One popular theory ____________ that poor people __________ because they are intimidated into doing so. Intimidation occurs for sure but why then, voters in places where there is no intimidation do so? Another theory is that people vote in return for _____________. But recent research across India _________ that those who spend the most do not always win elections and voters do not feel any obligation to vote for those handing out freebies. In fact, they often accept the goodies from allparties but vote for only one.


One popular theory ____________

A) poses B) supposes
C) disposes D) proposes
 
Answer & Explanation Answer: D) proposes

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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.


The woodpeckers of the West (with one exception) are different _______________ those of the East, and so are the flycatchers, the grosbeaks, the orioles, the tanagers, the humming-birds, _____________ many of the sparrows. ____________ of the purple and bronzed grackles (the latter are _______________ seen on the plains of Colorado, but are not common), the Rockies boast of Brewer's blackbird, ______________ habits are not as prosaic as his name would indicate.

the humming-birds, _____________ many of the sparrows.

A) and B) because
C) but D) if
 
Answer & Explanation Answer: A) and

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Q:

Read the passage carefully and choose the best answer to each question out of the four alternatives and click the button corresponding to it.


Crude mineral oil comes out of the earth as a thick brown or black liquid with a strong smell. It is a complex mixture of many different substances, each with its own individual qualities. Most of them are combinations of hydrogen and carbon in varying proportions. Such hydrocarbons are also found in other forms such as bitumen, asphalt and natural gas. Mineral oil originates from the carcasses of tiny animals and from plants that live in the sea. Over million of years, these dead creatures form large deposits under sea­bed and ocean currents cover them with a blanket of sand and silt. As this material hardens, it becomes sedimentary rock and effectively shuts out the oxygen, thus preventing the complete decomposition of the marine deposits underneath. The layers of sedimentary rocks become thicker, and heavier. Their pressure produces heat, which transforms the tiny carcasses into crude oil in a process that is still going on today.


Sedimentary rocks leads to the formation of oil deposits because

A) their pressure produces heat and turns deposits of animal carcasses and plants into oil. B) it turns heavy and shuts out the oxygen
C) it becomes hard and forms into rocks to squeeze oil D) it becomes light and soft and applies pressure to produce oil
 
Answer & Explanation Answer: A) their pressure produces heat and turns deposits of animal carcasses and plants into oil.

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