1. Past consideration is





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QA->Every promise and every set of promises forming consideration for each other is :....
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MCQ-> Please read the passage below and answer the questions that follow:If history doesn’t follow any stable rules, and if we cannot predict its future course, why study it? It often seems that the chief aim of science is to predict the future - meteorologists are expected to forecast whether tomorrow will bring rain or sunshine; economists should know whether devaluing the currency will avert or precipitate an economic crisis; good doctors foresee whether chemotherapy or radiation therapy will be more successful in curing lung cancer. Similarly, historians are asked to examine the actions of our ancestors so that we can repeat their wise decisions and avoid their mistakes. But it never works like that because the present is just too different from the past. It is a wast of time to study Hannibal’s tactics in the Second Punic War so as to copy them in the Third World War. What worked well in cavalry battles will not necessarily be of much benefit in cyber warfare. Science is not just about predicting the future, though. Scholars in all fields often seek to broaden our horizons, thereby opening before us new and unknown futures. This is especially true of history. Though historians occasionally try their hand at prophecy (without notable success), the study of history aims above all to make us aware of possibilities we don’t normally consider. Historians study the past not in order to repeat it, but in order to be liberated from it. Each and every one of us has been born into a given historical reality, ruled by particular norms and values, and managed by a unique economic and political system. We take this reality for granted, thinking it is natural, inevitable and immutable. We forget that our world was created by an accidental chain of events, and that history shaped not only our technology, politics and society, but also our thoughts, fears and dreams. The cold hand of the past emerges from the grave of our ancestors, grips us by the neck and directs our gaze towards a single future. We have felt that grip from the moment we were born, so we assume that it is a natural and inescapable part of who we are. Therefore we seldom try to shake ourselves free, and envision alternative futures. Studying history aims to loosen the grip of the past. It enables us to turn our head this way and that, and begin to notice possibilities that our ancestors could not imagine, or didn’t want us to imagine. By observing the accidental chain of events that led us here, we realise how our very thoughts and dreams took shape - and we can begin to think and dream differently. Studying history will not tell us what to choose, but at least it gives us more options.Based on the passage, which of the following options would be the most appropriate for citizens to learn history?
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MCQ->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....
MCQ->This question consists of an information and two statements numbered I and II given below it. You have to decide which of the given statements weaken/s or strengthen/s the information and decide the appropriate answer. Information: Since the past three years, more number of students in country G are opting for law courses as compared to the earlier years. I. The number of applications for admission in law colleges of country G has been consistent since the past 5 years. II. The number of students ready to pay heavy donations to get admission in the most sought after law college of Country G are consistently increasing for past three years.....
MCQ-> Read the following passage carefully and answer the questions given below it. Certain words/phrases have been printed in bold to help you locate them while answering some of the questionsJagir Singh has sold red onions at a market in south Delhi every day for the past half-century.Perched on an upturned crate wrapped tight against the chill air he offers pyaz a staple for much Indian cooking, for 60 rs a kilo the most he can remember.Business is brisk but most customers pick up only a small handful of onions.That is just as well Wholesale supplies are tight he says and the quality is poor. As India’s economy grows by some 9% a year food prices are soaring In late December the commerce ministry judged that food inflation had reached 18.3% with pricey vegetables mostly to blame.Officials have made some attempts to temper the rise in the past month scrapping import taxes for onions banning their export and ordering low-priced sales at government-run shops. But there is no quick fix Heavy rain in the west of India brought a rotten harvest Vegetables from farther afield-including a politically sensitive delivery from a neighbouring country are costly to move on India crowded pot-holed roads. Few refrigerated lorries and poor logistics mean that much of each harvested is wasted Newspapers allege hoarders are cashing in The biggest problem are structural Food producers hampered by land restrictions archaic retail networks and bad infrastructure fail to meet extra demand from consumers It was estimated in October that a 39% rise in income per person in the previous five years might have created an extra 220 million regular consumer of milk eggs meat and fish Supplies have not kept up with this potential demand The broader inflation rate may be a less eye watering problem than the onions suggest The central bank has lifted interest rates steadily in the past year and is expected to do so again later this month Headline inflation fell to 7.5% in November down by just over a percentage points from October though it is still above the central bank’s forecaste of 5.5% for March.What is responsible for the increased demand of certain food items amongst consumers ?
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MCQ-> Read the following passage carefully and answer the questions given below it. Certain word/phrases have been printed in bold to help you to locate them while answering some of the questions.Jagir Singh has sold red onions at a market in south Delhi everyday for the past half-century. Perched on an upturned crate, wrapped tight against the chill air, he offers pyaz, a staple for much Indian cooking, for 60 rupees a kilo, the most he can remember. Business is brisk but most customers pick up only a small handful of onions. That is just as well-wholesale supplies are tight, he says, and the quality is poor. As India’s economy grows by some 9% a year, food prices are soaring. In late December the commerce ministry judged that food inflation had reached 18.3%, with pricey vegetables mostly to blame. Officials have made some attempts to temper the rise in the past month-scrapping import taxes for onions, banning their export and ordering low-prices sales at government-run shops. But there is no quick fix. Heavy rain in the west of India brought a rotten harvest. Vegetables from farther afield-- including a politically sensitive delivery from a neighbouring country--- are costly to move on India’s crowded, potholed roads. Few refrigerated lorries and poor logistics mean that much of each harvest is wasted. Newspapers allege hoarders are ‘’cashing in’’. The biggest problem are structural. Food Producers, hampered by land restrictions, archaic retail networks and bad infrastructure, fail to meet extra demand from consumers. It was estimated in October that a 39% rise in income per person in the previous five years might have created an extra 220 million regular consumers of milk, eggs, meat and fish. Supplies have not kept up with this potential demand. The broader inflation rate may be a less eye-watering problem than the onion suggest. The central bank has lifted interest rates steadily in the past year and is expected to do so again later this month. Headline inflation fell to 7.5% in November, down by just over a percentage point from October, though it is still above the central bank’s forecast of 5.5% for March.What is the responsible for the increased demand amongst consumers for certain food stuff?
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