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.

 

Price-fixing is a phenomenon that is normal in -

A) agricultural societies B) industrialized societies
C) pre-industrial societies D) globalised societies
 
Answer & Explanation Answer: B) industrialized societies

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Filed Under: English
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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.

 

Eyebrow raising

 

A) Pretend to like something or someone even when you dislike. B) Look up in defiance as a show of rebellion.
C) A person finally getting due punishment. D) Something which surprises, shocks, or offends people.
 
Answer & Explanation Answer: D) Something which surprises, shocks, or offends people.

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Q:

In the following questions, 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.

Children need to be taught the importance of hygiene early on so that it becomes a _____. Children are the most _____ to hygiene-related disorders like skin issues, rashes, infections, wounds, etc. Teach them early on about what to _____. Teach them that taking a few _____ measures to prevent infections and diseases is _____.

Teach them early on about what to _____.

A) avoid B) read
C) right D)  learn
 
Answer & Explanation Answer: A) avoid

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Q:

Myopia is a defect of eyes which is also known as

A) Far Sightedness B) Near Sightedness
C) Astigmatism D) Night Blindness
 
Answer & Explanation Answer: B) Near Sightedness

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Q:

Which of the following states has the maximum area of Mangrove forest?

A) Rajasthan B) Uttar Pradesh
C) Sikkim D) West Bengal
 
Answer & Explanation Answer: D) West Bengal

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Filed Under: Indian Geography
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Q:

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.
She said to me, "Will you be coming to the party, tomorrow?"

A) She asked me if I would be going to the party the day after tomorrow. B) She asked me if I will be going to the party the following day.
C) She asked me if I will be going to the party the day after tomorrow. D) She asked me if I would be going to the party the following day.
 
Answer & Explanation Answer: D) She asked me if I would be going to the party the following day.

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Q:

Chemical properties of isotopes .............

A) must be same B) must be different
C) need not be same D) need not be different
 
Answer & Explanation Answer: A) must be same

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Q:

Stagflation is a period of _______.

A) Persistent high inflation combined with high unemployment B) Persistent high inflation combined with low unemployment
C) Persistent low inflation combined with high unemployment D) Persistent low inflation combined with low unemployment
 
Answer & Explanation Answer: A) Persistent high inflation combined with high unemployment

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Filed Under: Indian Economy
Exam Prep: CAT

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