Questions

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.

Very simply, a checklist is a list of items required, things to be done or points to be considered, used as a reminder. This is clear. Is the _______________ implication equally clear? Perhaps not. A checklist is purely objective, no _______________ is involved. That means, if the checklist is framed as a set ______ questions, the answer to every question can only be a binary “Yes” _______ “No” and nothing in between; no shades of grey. Such objectivity is the very antithesis of the education system today, both in the way teaching happens and in the ____________ of the student.

is framed as a set ______ questions, the answer

A serial port can

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.

What does not seem as not good or normal in the context of this essay?

__________ is defined as the output per unit of variable input

If price of an article decreases from Rs 800 to Rs 700, quantity demanded increases from Q1 units to 70 units. If point elasticity of demand is -1.333 find Q1?

Under GST regime, in ‘Composition Scheme’, taxpayers have to fill returns ______.

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

Which of the following best describes monetary policy?