Question
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :
Statement : In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.
Assumptions :
I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged.
Statement : In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.
Assumptions :
I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged.
Answer: Option A
The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.
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The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.
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