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Discussion :: Statement and Assumption

  1. 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.

  2. A.

     Only I and II are implicit

    B.

     Only II and III are implicit

    C.

     Only I and III are implicit

    D.

     None is implicit

    E.

     All are implicit

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    Answer : Option A

    Explanation :

    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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