New Enroll in our GIC Finance Online Course Here!

    Register

    Question

    In the question below there are some statements followed by some conclusions. You have to take the three given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions definitely follows from the three statements disregarding commonly known facts.

    Statements: Every Demand are Supply. Few

    Supply are Inflation. Only a few Inflation are Deflations. Conclusions: I. All Supply can be Deflations II. Some Inflation are not Deflations III. Some Demand are Inflation
    A Only conclusion I follows Correct Answer Incorrect Answer
    B Only conclusions II and III follow Correct Answer Incorrect Answer
    C Only conclusion II follows Correct Answer Incorrect Answer
    D Only conclusions I and II follow Correct Answer Incorrect Answer
    E None of the conclusions follow Correct Answer Incorrect Answer

    Solution

    Few Supply are Inflation (I) + Only a few Inflation are Deflations (I) → Probable conclusion → All Supply can be Deflations (A). Hence conclusion I follows. Only a few Inflation are Deflations → Some Inflation are not Deflations (O). Hence conclusion II follows. Every Demand are Supply (A) + Few Supply are Inflation (I) → No conclusion. Hence conclusion III does not follow.

    Practice Next

    Relevant for Exams: