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.

What does not seem as not good or normal in the context of this essay?

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.

Selling a commodity at a price that is not more than that charged by competitors is -

In the following question, out of the given four alternatives, select the one which is opposite in meaning of the given word.

Secede

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.

India has already made _________________ concessions to enable a consensus and successful outcome at Paris. Now it must ensure that it is not caught in a relentless ________________ process where each concession becomes an argument for making the next one. The post-Paris negotiations will determine more ____________ the shape of the climate change architecture for the next several decades. We _______________ ensure that India’s vital interests are safeguarded and the principle ____________ equity and equitable burden-sharing is reflected across this architecture.

India has already made _________________ concessions to enable a consensus

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 thefour alternatives.

One who has witnessed a debate ______ argument between two men _____________ strong intellectually, one of whom is a trained logician and the other lacking this advantage, will never forget the impression produced _________ him by the unequal struggle. The conflict is like that of a ____________ wrestler, untrained in the little tricks and turns of the science, in the various principles of applying force in a certain way at a certain time, at a certain place, with a __________ and experienced wrestler.

impression produced _________ him by the unequal

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.

The new claim that ______________ out of misplaced confidence that all that is in education can be ______________ is that the ‘per unit cost of outcome’ is lower in private schools. Meaning that even _________ the learning outcomes of private schools are not better _____________ the public schools, the cost _______________ running private schools is much lower.

Meaning that even _________ the learning outcomes of private schools

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

A little bird told me

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'.

Dinesh has been (1)/ absence from (2)/ school since last month. (3)/ No error (4)