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:
The Government has cut the interest rate on the General Provident Fund (GPF) and Special Deposit Scheme (SDS) from 9.5 to 9 per cent. At the same time it has also reduced the interest on loans to government employees by half a per cent.
Conclusions :
I. Now cheaper funds will be available from the Centre's coffers from those planing to construct or purchase a house or buy a vehicle or computer.
II. The government employee will not be ready to invest their money into the scheme.
-
- 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: A
I is obvious, but II is uncertain.
