1. Passage Reading
2. Verbal Logic
3. Non Verbal Logic
4. Numerical Logic
5. Data Interpretation
6. Reasoning
7. Analytical Ability
8. Quantitative Aptitude
289. (c) argue that price-fixing, in one form or another, is an inevitable part of and benefit to the economy of any industrialized society (Because in the second para the author says that "These economies employ intentional price-fixing, usually in an overt fashion. Formal price-fixing by cartel and informal price fixing by agreements covering the members of an industry are commonplace" and says that there is no indication that free market economy has performed better than the economies that engage in price fixing)
290. (a) I only (Because the author has elaborated about the overt and formal price fixing mechanisms. He has not talked about the products nor about the countries where price fixing is more common)
291. (c) critical and condescending (Becasue the author has been critical of the US economist being overwhelmed by the free market concept)
292. (c) most economists believe that consumers as a group should determine prices (Because the author has mentioned in the first para that "nothing seems good or normal that does not accord with the requirements of the free market")
293. (b) an inevitable result of the industrial system (Because the author has mentioned about price fixing in industrialized societies that "because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires")
294. (d) intentional and widespread (Becasue the author has mentioned in the second para about non socialist countries as "These economies employ intentional price-fixing, usually in an overt fashion")
295. (d) Soviet firms have some authority to fix prices (Because "But Soviet firms are no more subject to prices established by a free market over which they exercise little influence than are capitalist firms; rather, Soviet firms have been given the power to fix prices" suggests that the Soviet firms do not have complete freedom like free markets but some authority to fix prices)
296. (a) The directors of large firms will continue to anticipate the demand for products (Because the first paragraph tells about the various considerations which the large firms will take into account while fixing the prices)
297. (b) criticizing a point of view (Because here the author has been critical of the proponents of free market economy)
Passage Reading
Verbal Logic
Non Verbal Logic
Numerical Logic
Data Interpretation
Reasoning
Analytical Ability
Basic Numeracy
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