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, 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 theoretical framework is finished by identifying indicators to be used in the ______ of the success of such policies.

 

A) evaluation B) completion
C) formation D) rotation
 
Answer & Explanation Answer: A) evaluation

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Filed Under: English
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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.

 

I have flown this plane for seven years.

 

A) This plane is flying me for seven years. B) I am flying this plane for seven years.
C) Seven years have happened since I have been flying this plane. D) This plane has been flown by me for seven years.
 
Answer & Explanation Answer: D) This plane has been flown by me for seven years.

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Filed Under: English
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Q:

Which South Korean author in May 2016 won the 2016 Man Booker International Prize for her novel 'The Vegetarian'?

A) Han Kang B) Yiyun Li
C) Tami Hoag D) Taya Zinkin
 
Answer & Explanation Answer: A) Han Kang

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Q:

Who gave the title of Raja to Ranjit Singh?

A) Diwan Shah B) Lord Lake
C) Zaman Shah D) King of Kashmir
 
Answer & Explanation Answer: C) Zaman Shah

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Filed Under: Famous Personalities
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Q:

The value of -3+3+87+43 is

A) 2 B) 4
C) ±2 D) -2
 
Answer & Explanation Answer: A) 2

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Q:

In the following question, select the odd word pair from the given alternatives.

A) Crop – Rice B) Crop – Rubber
C) Crop – Wheat D) Crop – Bajra
 
Answer & Explanation Answer: B) Crop – Rubber

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Q:

Which colour is formed when Red and Green are mixed?

A) Light blue B) Yellow
C) White D) Grey
 
Answer & Explanation Answer: B) Yellow

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Filed Under: General Science
Exam Prep: Bank Exams

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