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?

India's largest renewable energy park would be located in

On which river's bank is Panaji located?

In April 2017, N. K. Singh Committee recommended a fiscal deficit of how much percent of GDP by Financial Year 2022-23?

In the following question, out of the four alternatives, select the alternative which best expresses the meaning of the idiom/phrase.

The alpha and the omega

In the following questions, one part of the sentence may have an error. Find out which part of the sentence has an error and click the button
corresponding to it. If the sentence is free from error, click the "No error" option.
(A) Still
(B) waters
(C) run deep
(D) No Error

A sentence with one blank is given, indicating that something has been omitted. Choose the word that best fits the blank appropriately.

The Board members could not arrive at a _______ regarding the employee.

Which of the following scientists gave the law that governs the force of attraction/repulsion between two charged particles?