Question
In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.
Give answer:
- (A) If only conclusion I follows
- (B) If only conclusion II follows
- (C) If either I or II follows
- (D) If neither I nor II follows and
- (E) If both I and II follow.
Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors.
Conclusions:
- Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.
- Now the investors investing in IT companies will get protection of their investment.
Answer: Option A
The need for separate rating agency for IT companies clearly indicates that such assessment requires a separate set of skills. So, I follows. However, the statement indicates only the need or demand and neither the future course of action nor its after-effects can be judged. So, II does not follow.
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The need for separate rating agency for IT companies clearly indicates that such assessment requires a separate set of skills. So, I follows. However, the statement indicates only the need or demand and neither the future course of action nor its after-effects can be judged. So, II does not follow.
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