Statement: The train is running late by 2 hours. Conclusions: I. It will reach the destination at the scheduled time. II. Passengers will have to wait. MCQ with Answer and Explanation
Statement: The train is running late by 2 hours. Conclusions: I. It will reach the destination at the scheduled time. II. Passengers will have to wait.
A. Both I and II follow
B. Only I follows
C. Only II follows
D. Neither I nor II follows
Answer: Option C
Solution (By JKSSB Mock Tests)
I contradicts the statement. If the train is late, passengers waiting for it will have to wait, so II follows.
Explanation:
Profit increase implies better performance compared to previous year, so I follows. Reason (reduced expenses) is not stated, so II does not follow.
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.
Explanation:
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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