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.

 

A major act of will will bring about price-fixing that will be seen as -

 

A) effective and productive B) constructive and practical
C) normal and having valuable economic function D) systematic and relevant
 
Answer & Explanation Answer: C) normal and having valuable economic function

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Q:

In the following question, a sentence / a part of sentence is underlined. Below are given alternatives to the underlined part which may improve the sentence. Choose the correct alternative. In case no improvement is required, choose "No Improvement" option.

 

My office is within a stone's throw from the university.

A) in a stone's throw B) within a stone throw
C) at a stone's throw D) No improvement
 
Answer & Explanation Answer: D) No improvement

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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.

 

The criminal was released on ___________ for a few days so that he could spend time with his ailing mother.

A) parole B) guarantee
C) grant D) mercy
 
Answer & Explanation Answer: A) parole

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Q:

Who was the 2015 Men's Rugby World Cup Winner?

A) New Zealand B) South Africa
C) Australia D) England
 
Answer & Explanation Answer: A) New Zealand

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Q:

In the question two statements are given, followed by two conclusions, I and II. You have to consider the statements to be true even if it seems to be atvariance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.

Statement I: All sticks are canes

Statement II: Some wands are sticks

Conclusion I: Some canes are wands

Conclusion II: No wands are canes

A) Only conclusion I follows B) Only conclusion II follows
C) Both conclusions I and II follow D) Neither conclusion I nor conclusion II follows
 
Answer & Explanation Answer: A) Only conclusion I follows

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Q:

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

A) TOP B) COP
C) MOP D) JOP
 
Answer & Explanation Answer: D) JOP

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Q:

Who is the author of "It's All in the Planets"?

A) Preeti Shenoy B) Ravinder Singh
C) Keshav Aneel D) Durjoy Datta
 
Answer & Explanation Answer: A) Preeti Shenoy

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Q:

Which Bollywood Actor is set to pen his autobiography titled 'I am No Messiah'?

A) Akshay Kumar B) Anupam Kher
C) Ayushman Khurana D) Sonu Sood
 
Answer & Explanation Answer: D) Sonu Sood

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