Question

    One statement is given, and it is followed by two inferences numbered I and II. Read the statement and decide which of the inferences is/are true for the given statement.

    Statements: Fuel prices in India are inflating day by day, and there is no upper limit in its price increases.

    Inferences:

    I. Central and State governments have not cut down their respective taxes on fuel.

    II. Inflation in the international market is influencing the rising fuel prices.

    A Neither inference I nor II is true Correct Answer Incorrect Answer
    B Only inference I is true Correct Answer Incorrect Answer
    C Both inferences I and II are true Correct Answer Incorrect Answer
    D Only inference II is true Correct Answer Incorrect Answer

    Solution

    The correct answer is A

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