Question

    In the question below there are three statements followed by two conclusions I and II. 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 logically follows from the four statements disregarding commonly known facts.

    Statements: Some imports are exports

    >No export is credit Few credits are debit Conclusions: I. Some debit are not exports II. All imports being credits is not a possibility
    A Only conclusion II follows Correct Answer Incorrect Answer
    B None of the above Correct Answer Incorrect Answer
    C Neither conclusion I nor conclusion II follows Correct Answer Incorrect Answer
    D Both conclusion I and conclusion II follow. Correct Answer Incorrect Answer
    E Only conclusion I follows Correct Answer Incorrect Answer

    Solution

    No export is credit (E) + Few credits are debit (I) → Some debit are not exports (O*). Hence conclusion I follows. Some imports are exports (I) + No export is credit (E) → Some imports are not credit (O*) → Probable conclusion → All imports may not be credits (O). Hence conclusion II follows.

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