ExamVeda
Login
Home

Directions In each of the following questions a statement is given...

This question belongs to Competitive Reasoning Statement And Assumption
Statement and Assumption
?

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : In order to reduce the gap between income and expenditure, the company has decided to increase the price of its product from next month.

Assumptions :
I. The rate will remain more or less same after the increase.
II. The expenditure will more or less remain the same in near future.
III. The rival companies will also increase the price of the similar product.

Answer & Solution
Correct Answer: Option E
Clearly, the company intends to reduce the gap between income and expenditure by increasing the price of its product i.e. by keeping the expenditure unaltered and increasing the income only. So, II is implicit while I is not. However, the rival companies may or may not follow the same pursuit. So, III is not implicit.
Examveda
Question posted by Examveda
Community

Join the Discussion

No comments yet Be the first to discuss this question.
Keep Learning

Related Questions on Statement and Assumption

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : "You are hereby appointed as a programmer with a probation period of one year and your performance will be reviewed at the end of the period for confirmation." - A line in an appointment letter.

Assumptions :
I. The performance of an individual generally is not known at the time of appointment offer.
II. Generally an individual tries to prove his worth in the probation period.
A. Only assumption I is implicit B. Only assumption II is implicit C. Either I or II is implicit D. Neither I nor II is implicit E. Both I and II are implicit
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : It is desirable to put the child in school at the age of 5 or so.

Assumptions:
I. At that age the child reaches appropriate level of development and is ready to learn.
II. The schools do not admit children after six years of age.
A. Only assumption I is implicit B. Only assumption II is implicit C. Either I or II is implicit D. Neither I nor II is implicit E. Both I and II are implicit
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : "In order to bring punctuality in our office, we must provide conveyance allowance to our employees." - In charge of a company tells Personnel Manager.

Assumptions :
I. Conveyance allowance will not help in bringing punctuality.
II. Discipline and reward should always go hand in hand.
A. Only assumption I is implicit B. Only assumption II is implicit C. Either I or II is implicit D. Neither I nor II is implicit E. Both I and II are implicit
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : Unemployment allowance should be given to all unemployed Indian youth above 18 years of age.

Assumptions :
I. There are unemployed youth in India who needs monetary support.
II. The government has sufficient funds to provide allowance to all unemployed youth.
A. Only assumption I is implicit B. Only assumption II is implicit C. Either I or II is implicit D. Neither I nor II is implicit E. Both I and II are implicit
More Related Questions on Statement and Assumption