Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :
Table of Contents
Statement : The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.
Assumptions :
I. The investors may regain confidence in stock market by this decision.
II. The review committee has the expertise to find out the causes for volatility in the stock market.
A. Only assumption I is implicit
B. Only assumption II is implicit
C. Either I or II is implicit
D. Neither I nor II is implicit
E. Both I and II are implicit
Answer & Solution
Answer: Option E
Solution:
Clearly, I mentions the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.
Also Read:
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- “In order to bring punctuality in our office, we must provide conveyance allowance to our employees.” – In charge of a company tells Personnel Manager.
- Unemployment allowance should be given to all unemployed Indian youth above 18 years of age.
- “If you trouble me, I will slap you.” – A mother warns her child.
- The State government has decided to appoint four thousand primary school teachers during the next financial year.
- A warning in a train compartment – “To stop train, pull chain. Penalty for improper use Rs. 500.”