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 -

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

Learning is the knowledge of that which is not generally known to others, and which we can only derive at second­hand from books or other artificial sources. The knowledge of that which is before us, or about us, which appeals to our experience, passions, and pursuits, to the bosoms and businesses of men, is not learning. Learning is the knowledge of that which none but the learned know. He is the most learned man who knows the most of what is farthest removed from common life and actual observation. The learned man prides himself in the knowledge of names, and dates, not of men or things. He thinks and cares nothing about his next­door neighbours, but he is deeply read in the tribes and castes of the Hindoos and Calmuc Tartars. He can hardly find his way into the next street, though he is acquainted with the exact dimensions of Constantinople and Peking. He does not know whether his oldest acquaintance is a knave or a fool, but he can pronounce a pompous lecture on all the principal characters in history. He cannot tell whether an object is black or white, round or square, and yet he is a professed master of the optics and the rules of perspective.

Learning is defined as

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 Troubled Asset Relief Program (TARP), the government had purchased assets of struggling banks with a view _______________ ensuring that they did not collapse taking ____________________ them the rest of the financial system. These assets __________________ later at a profit by the government! The U.S. government had acted smartly, while in the Indian case the banks now find themselves ______________________ with loans made by them to an individual with negative net worth.

they did not collapse taking ____________________ them the rest of the financial system.

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

The children said, "They were busy playing thus they did not notice the stranger."

In the following question, a sentence has been given in Direct/Indirect speech. Out of the four alternatives suggested, select the one which best express the same sentence in Indirect/Direct speech.

Mother told me that I should listen to her first and then do anything as I pleased.

UNESCO Headquarters is in

On 10 April 2017, Lok Sabha Passed the Motor Vehicles Act (Amendment) Bill, 2016. Under the new provisions, the compensation for death increased from Rs 25,000 to ______

The term of a Governor is