Question
Statements : Some cities are villages. No
village is a town. All towns are countries. Conclusions:I. Some towns being cities is a possibility. II. Some countries are not villages. III. Some countries are not towns. In each of the questions below are given three statements followed by three conclusions numbered I, II and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of given conclusions definitely does not follow logically from the given statements disregarding commonly known facts.Solution
Some cities are villages(I) + No village is a town(E) ⇒ Some cities are not towns(O) ⇒ Probable conclusion ⇒ Some towns being cities is a possibility(I). Hence conclusion I follows. No village is a town(E) + All towns are countries(A) ⇒ Some countries are not villages(O*). Hence conclusion II follows. All towns are countries(A) ⇒ Conversion ⇒ Some countries are towns(I). Hence conclusion III does not follow. ALTERNATE SOLUTION: Minimal possibilities: 
Given the following data for an economy:
National Income: $700 billion
Depreciation: $50 billion
Indirect taxes minus subsidies...
A consumer has utility function given by : u{x1,x2} = min {2x1+x2, x1+2x2}. Given income m = 100, prices p1 = 20, p2 = 30, the amount of x1 in...
For two correlated variables x and y, if coefficient of correlation between x and y is 0.8014, variance of x and y are 16 and 25 respectively....
In which year FRBM Act was enacted ?
 In the basic Solow model of growth
For a normal curve, X+-3sd lies within?
The fiscal deficit is the difference between the government’s total expenditure and its total receipts excluding ______
The "Tragedy of the Commons" is most directly associated with the problem of providing:
Within a country, the domestic price of a product will equal the world price if
Suppose X has income of Rs.500. He wants to maximise his expected benefit Z1/2 where Z is his money earned. He has two options, 1. Do not inv...
Relevant for Exams:
