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.

 

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

 

A) the aggregate of consumers B) the buyers
C) the sellers D) the economists
 
Answer & Explanation Answer: A) the aggregate of consumers

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Q:

A sentence has been given in Active/Passive Voice. Out of the four given alternatives, select the one which best expresses the same sentence in Passive/Active Voice.

 

Somebody has stolen my register.

 

A) My register has been stolen. B) My register has been stolen upon.
C) My register has stolen by somebody.   D) My register has been a steal.
 
Answer & Explanation Answer: A) My register has been stolen.

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Q:

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

 

Be under no illusions

 

A) Not be duped by a cheater B) Get out of a magic spell
C) Don’t have the habit of daydreaming D) Be fully aware of the true state of affairs
 
Answer & Explanation Answer: D) Be fully aware of the true state of affairs

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Q:

In the following question, four words are given out of which one word is correctly spelt. Select the correctly spelt word.

 

A) desendent B) descendant  
C) iliterrate   D) descendente
 
Answer & Explanation Answer: B) descendant  

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Q:

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.

 

If there is a subject of really ______________ interest and utility, it is the art of writing and speaking one's own language ___________. It is the basis of culture, as we all know; but it is infinitely more _________ that, it is the basis of business. ___________ salesman can sell anything unless he can explain the merits of his goods in effective language, or can write ___________ advertisement equally effective, or present his ideas, and the facts, in a letter.

 

subject of really ______________ interest and utility

 

A) universe B) universally
C) universality D) universal
 
Answer & Explanation Answer: D) universal

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Q:

Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives.

 

But the war did not cease; though friend and foe alike were almost drowned in blood. It seemed as powerful as eternity, and in time Tony Vassall too went to battle and was killed. The country gave Patience a widow's pension, as well a touching inducement to marry again; she died of grief. Many people died in those days, it was not strange at all. Nathan and his wife got so rich that after the war they died of overeating, and their daughter Olive came into a vast fortune and a Trustee.

 

The writer says war is

 

A) bloodless B) partial
C) destructive D) unimportant
 
Answer & Explanation Answer: C) destructive

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Q:

In June 2017, who has become the first local body in the country to issue ‘municipal bonds’ in nearly one and a half decade?

A) Municipal Corporation of Mumbai B) Municipal Corporation of Pune
C) Municipal Corporation of Delhi D) Municipal Corporation of Kolkata
 
Answer & Explanation Answer: B) Municipal Corporation of Pune

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Q:

Which dynasty had its capital at Chittorgarh?

A) Chauhan B) Sisodia
C) Hada D) Rathor
 
Answer & Explanation Answer: B) Sisodia

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