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.

 

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

A) rejected by the free market system B) opposed by the advocates of the free market theories
C) considered suspicious by the free market theorists D) recognized by the advocates of the free market theories
 
Answer & Explanation Answer: D) recognized by the advocates of the free market theories

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Q:

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

 

Preeti said to her friend, "I am like my mother."

 

A) Preeti told her friend that she was like her mother. B) Preeti told her friend that I was like her mother.
C) Preeti tells her friend that she is like her mother. D) Preeti tells her friend that that she was like her mother.
 
Answer & Explanation Answer: A) Preeti told her friend that she was like her mother.

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Q:

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


Secede

 

A) Quit   B) Resign  
C) Withdraw   D)  Unite
 
Answer & Explanation Answer: D)  Unite

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Q:

Fiscal policy in India is formulated by

A) Reserve Bank of India B) Planning Commission
C) Finance Ministry D) SEBI
 
Answer & Explanation Answer: C) Finance Ministry

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Q:

Which   one   of   the   following   statements about the justice Party is not correct?

A) It  clamoured  for  the  same  kind  of separate  communal  representation  for the Non-Brahmins as had been granted to  the  Muslims  by  the  Morley-Minto Reforms. B) It   was   patronized   mainly   by   richer landowning   and   urban   middle   class Non-Brahmins.
C) It  succeeded  in  getting  the  provision for  28  reserved  seats  for  the  Non-Brahmins  in  the  Montagu-Chelmsford Reforms. D) It   supported  the   call   given   by   the Congress toboycott elections in 1920.
 
Answer & Explanation Answer: D) It   supported  the   call   given   by   the Congress toboycott elections in 1920.

Explanation:

The Justice  Party  was  a  political party in the Madras Presidency of British  India.  It  was founded    byT.    M.    Nairand P. Theagaraya     Chetty     in     1916. Communal division between Brahminsand non-Brahmins  began  in  the  presidency during   the   late-19th   and   early-20th century, mainly due to caste prejudices and disproportionate Brahminical representation in government jobs. The    Justice    Party's    foundation marked  the  culmination  of  several efforts to establish  an organisation to  represent  the  non-Brahmins  in Madras.  Founders  of  Justice  Party though  that  Congress  was  mainly Brahmin    party,    so    it    started opposing Congress

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Q:

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'.

 

The temple is(A)/within a hundred yards(B)/from my house(C)/No error(D)

 

A) A B) B
C) C D) D
 
Answer & Explanation Answer: D) D

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Q:

In the following question the 1st and the last part of the sentence/passage are numbered 1 and 6. The rest of the sentence/ passage is split into four parts and named P, Q, R and S. These four parts are not given in their proper order. Read the sentence/passage and find out which of the four combinations is correct.

 

1. Marine biology is the study of organisms in the ocean.
P. At a fundamental level, marine life helps determine the very nature of our planet.
Q. Marine life is a vast resource.
R. Shorelines are also shaped and protected by marine life.
S. Marine organisms contribute significantly to the oxygen cycle.
6. Marine biology covers a great deal, from the microscopic to the huge whales.

A) PSRQ B) QPSR
C) RPSQ D) SPQR
 
Answer & Explanation Answer: B) QPSR

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Q:

If Metal A displaces Metal B from its solution, then Metal A ____.

A) is more reactive than B B) is less reactive than B
C) is heavier than B D) has the same reactivity as B
 
Answer & Explanation Answer: A) is more reactive than B

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