Logical Reasoning - Statement and Conclusion - Discussion
Discussion Forum : Statement and Conclusion - Section 1 (Q.No. 42)
Directions to Solve
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:
- (A) If only conclusion I follows
- (B) If only conclusion II follows
- (C) If either I or II follows
- (D) If neither I nor II follows and
- (E) If both I and II follow.
42.
Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors.
Conclusions:
- Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.
- Now the investors investing in IT companies will get protection of their investment.
Answer: Option
Explanation:
The need for separate rating agency for IT companies clearly indicates that such assessment requires a separate set of skills. So, I follows. However, the statement indicates only the need or demand and neither the future course of action nor its after-effects can be judged. So, II does not follow.
Discussion:
5 comments Page 1 of 1.
Mayukh said:
9 months ago
No, it must be E.
Clearly in the statement, it says " to protect investors " and also IT sector rating evaluation should have separate rating agencies.
Clearly in the statement, it says " to protect investors " and also IT sector rating evaluation should have separate rating agencies.
Chandrashekar said:
8 years ago
I agree with you @Priyanka.
(1)
Gigijo said:
9 years ago
I agree with you @Priyanka.
Give the clear solution.
Give the clear solution.
Narendra said:
1 decade ago
I agree with Priyanka..Be clear,lucid and comprehensible.
Priyanka said:
1 decade ago
I fail to understand! are we supposed to find conclusion or solution? every question seems to have a different logic! sometimes you say this is the solution that is why its the answer! sometimes you say its the solution we need only conclusion! hence its NOT the answer! please explain!
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