Statement: Our approach of fund management is based on Science as much as on common sense and discipline because our goal is consistent performance in the long term- Advertisement of a mutual fund company. Conclusions: I. Only the approach of Science of investment can lead to high gains in short term investment. II. It is not necessary to go for long term investment when low return short term investment is available. MCQ with Answer and Explanation

Statement: Our approach of fund management is based on Science as much as on common sense and discipline because our goal is consistent performance in the long term- Advertisement of a mutual fund company.
Conclusions:
I. Only the approach of Science of investment can lead to high gains in short term investment.
II. It is not necessary to go for long term investment when low return short term investment is available.
A. Only conclusion I follows
B. Only conclusion II follows
C. Neither conclusion I nor II follows
D. Both conclusions I and II follow
Answer: Option C
Solution (By JKSSB Mock Tests)
Neither conclusion follows. The advertisement focuses on long-term consistent performance, not on short-term high gains through science alone. Conclusion II contradicts the company's emphasis on long-term investment.

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Practice More Statement and Conclusion Questions

Question #1
Statement: The classroom has a capacity of 40 students. Conclusions: I. There are exactly 40 students enrolled. II. The room cannot accommodate more than 40 students.
A. Neither I nor II follows
B. Only II follows
C. Only I follows
D. Both I and II follow

Correct Answer: Option B


Explanation:
Capacity means maximum limit, so II follows. I does not; actual enrolment can be less.

This question belongs to: Reasoning Statement and Conclusion
Question #2
Statement: My umbrella is black. Conclusions: I. All umbrellas are black. II. Some black things are umbrellas.
A. Only I follows
B. Both I and II follow
C. Neither I nor II follows
D. Only II follows

Correct Answer: Option D


Explanation:
I does not follow from a single case. II follows because if my umbrella is black, then there exists at least one black thing that is an umbrella, so 'some black things are umbrellas' is true.

This question belongs to: Reasoning Statement and Conclusion
Question #3
Statement: He is older than his brother. Conclusions: I. His brother is younger than him. II. They are not twins.
A. Only II follows
B. Only I follows
C. Both I and II follow
D. Neither I nor II follows

Correct Answer: Option C


Explanation:
I is a restatement. II: if one is older, they can't be twins (identical age). Both follow.

This question belongs to: Reasoning Statement and Conclusion