New IFSCA Phase 1 Results Out - Enroll Here for Phase 2

    Register

    Question

    Read the given statements and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follows) from the statements.

      Statements:  

    All capitalists are rich.

    No Indians are capitalists.  

    Conclusions:  

    (I) No Indians are rich.

    (Il) Some capitalists are Indian.

    A Only conclusion I follows Correct Answer Incorrect Answer
    B Only conclusion II follows Correct Answer Incorrect Answer
    C Both conclusions I and II follow Correct Answer Incorrect Answer
    D Neither I nor II follows Correct Answer Incorrect Answer

    Solution

    The Venn-diagram for the given statement can be drawn as shown below: The given statements never say that only the capitalists are rich. So, it is possible for Indians to be rich and yet not be capitalists. Thus, Conclusion I is invalid. Conclusion II clearly contradicts the fact given in the second statement. If no Indians are capitalists, then there is no way some capitalists can be Indians. Thus, Conclusion II is also invalid.   Hence, the correct answer is (D).

    Practice Next

    Relevant for Exams: