General Knowledge 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?

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. The teacher asked the boys to be quiet.
P. The boys opened their books.
Q. Suddenly there was some noise outside.
R. Then he asked them to open their books.
S. The teacher looked outside.
6. A dog had entered in the school premises.

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.

As the improvement in his situation was ______________, the doctor did not discharge him.

Which of the following is India's military offensive against Pakistan in the Kargil war ?

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

The manager's bank account has been hacked.

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 most powerful and the most perfect ____________ of thought and feeling through the medium of oral language must be traced to the mastery of words.___________ is better suited to lead speakers and readers ___________ English into an easy control of this language than the command of the phrase that perfectly expresses the thought. Every speaker's aim is to be heard and _____________. A clear, crisp _____________ holds an audience as by the spell of some irresistible power.

crisp _____________ holds an audience as

Read each sentence to find out whether there is any grammatical error in it. The error, if any, will be in one part of the sentence. If there is no error, theanswer is (E), ie ‘No error’. (Ignore the errors of punctuation, if any.)

The reason why he failed/ to attend the meeting/ with a complete presentation/ was because he was unwell./ No error

The economic survey of India is prepared by