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:

A passage is given with five questions following it. Read the passage carefully and select the best answer to each question out of the given four alternatives.

 

The saddest part of life lies not in the act of dying, but in failing to truly live while we are alive. Too many of us play small with our lives, never letting the fullness of our humanity see the light of day. I’ve learned that what really counts in life, in the end, is not how many toys we have collected or how much money we’ve accumulated, but how many of our talents we have liberated and used for a purpose that adds value to this world. What truly matters most are the lives we have touched and the legacy that we have left. Tolstoy put it so well when he wrote: “We live for ourselves only when we live for others.” It took me forty years to discover this simple point of wisdom.

 

Forty long years to discover that success cannot really be pursued. Success ensues and flows into your life as the unintended yet inevitable byproduct of a life spent enriching the lives of other people. When you shift your daily focus from a compulsion to survive towards a lifelong commitment to serve, your existence cannot help but explode into success. I still can’t believe that I had to wait until the “half-time” of my life to figure out that true fulfillment as a human being comes not from achieving those grand gestures that put us on the front pages of the newspapers and business magazines, but instead from those basic and incremental acts of decency that each one of us has the privilege to practice each and every day if we simply make the choice to do so.

 

Mother Teresa, a great leader of human hearts if ever there was one, said it best: “There are no great acts, only small acts done with great love.” I learned this the hard way in my life. Until recently, I had been so busy striving, I had missed out on living. I was so busy chasing life’s big pleasures that I had missed out on the little ones, those micro joys that weave themselves in and out of our lives on a daily basis but often go unnoticed. My days were overscheduled, my mind was overworked and my spirit was underfed.

 

Suggest a suitable title for the passage?

 

A) True happiness as experienced by Mother Teresa B) Forty years of discovery Tolstoy
C) Living truly D) Learning it the hard way
 
Answer & Explanation Answer: C) Living truly

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Q:

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

 

She always took her medicines on time.

 

A) The medicines was always took on time by her. B) The medicines were always taken on time by her.
C) On time medicines she always took. D) Taking of the medicines on time was being done by her.
 
Answer & Explanation Answer: B) The medicines were always taken on time by her.

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Q:

As of February 2018, who owns the Hyderabad-based IPL team 'Sun Risers Hyderabad'?

A) Deccan Chronicle Newspaper B) Kalanidhi Maran
C) Chandrababu Naidu D) Chiranjeevi
 
Answer & Explanation Answer: B) Kalanidhi Maran

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Q:

The pressure inside the cabin of the aircraft flying at an altitude is

A) The same as that outside B) Less than that outside
C) More than that outside D) Normal atmospheric pressure at sea level
 
Answer & Explanation Answer: C) More than that outside

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Q:

On 26 July 2017, the Parliament passed the Collection of Statistics (Amendment) Bill, 2017. This Bill extends jurisdiction of the act to which state?

A) Manipur B) Assam  
C) Jammu and Kashmir D) Nagaland
 
Answer & Explanation Answer: C) Jammu and Kashmir

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Q:

In July 2017, the Government of India has increased the investment limit per fiscal year of ‘Sovereign Gold Bonds Scheme’ to ______ for individuals.

A) 5 kg B) 4 kg
C) 6 kg D) 10 kg
 
Answer & Explanation Answer: B) 4 kg

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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.
An independent, able and upright judiciary is the hallmark of a free _____ country therefore, the process of judicial appointment is of _____ importance. At present on account of the Supreme Court’s last advisory opinion, the _____ of the executive and its interference in the appointment of judges is _____ which in light of previous is most _____.
At present on account of the Supreme Court's last advisory opinion, the _____ of the executive

A) career B) future
C) role D) plight
 
Answer & Explanation Answer: C) role

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