Direction: In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. Give answer
-
Statement:
Governor of Reaserve Bank of India has slashed the cash reserve ration (CRR) by a massive 200 basis points form 7.50 per cent to 5.50 per cent.
Conclusions :
I. This measure will Kickstart the sluggish economy.
II. The lendable resources of the banking sector will increase to some extent.
-
- if only conclusion I follows
- if only conclusion II follows
- if either I or II follows
- if neither I nor II follows, and
- if both I and II follow
Correct Option: B
I is an assumption. Second is the direct consequence of the given statement.
