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.

Who, according to the economists, are the right group of people to set the price of a commodity?

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.

A brain and nervous system that are poorly developed or insufficiently nourished means low grade of ______________ in our mental processes, just as a poorly constructed or wrongly adjusted motor means loss of power in applying the electric current to its work. We will, __________, look upon the mind and the brain as counterparts of ___________ other, each performing activities which correspond to activities in the other, ________ inextricably bound together at least so far as this life is concerned, and each getting its _______________ by its union with the other. This view will lend interest to a brief study of the brain and nervous system.

We will, __________, look upon the mind

In the following question, some part of the sentence may have errors. Find out which part of the sentence has an error and select the appropriate option. If a sentence is free from error, select 'No Error'.

Rehana had everything(A)/beauties, a good figure,(B)/and a sweet personality.(C)/No issue(D)

What was the element used in traditional thermometers which is highly toxic in nature?

Hirakud reservoir is built across the river

Read each sentence to find out whether there is any error in any underlined part and indicate your response in the Answer Sheet against the corresponding letter i.e., (a) or (b) or (c). If you find no error, your response should be indicated as (d).

In the following question, out of the four alternatives, select the alternative which is the best substitute of the phrase.

To sell (stocks or other securities or commodities) in advance of acquiring them, with the aim of making a profit when the price falls.

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.

Boys and girls ________ enjoy playing with the building blocks.