Comprehension


Direction: Read the following passages carefully and choose the most appropriate answer to the questions out of the four alternatives.
Passage
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.

  1. In the passage, it is stated that “friend and foe alike were almost drowned in blood.” What does it convey?









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    both suffered similarly.

    Correct Option: B

    both suffered similarly.


  1. The writer says war is









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    destructive

    Correct Option: C

    destructive



Direction: Read the following passages carefully and choose the most appropriate answer to the questions out of the four alternatives.
PASSAGE
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 industrialised 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 recognised 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.

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









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    recognised by the advocates of the free market theories

    Correct Option: D

    recognised by the advocates of the free market theories


  1. A major act of will will bring about price-fixing that will be seen as









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    normal and having valuable economic function

    Correct Option: C

    normal and having valuable economic function



  1. Price-fixing is a phenomenon that is normal in









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    industrialised societies

    Correct Option: B

    industrialised societies