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<u>Directions :</u> In each of the following questions a statement is given, followed by two conclusions. Give answer :<br><br><u>Statement :</u> The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect.<br><br><u>Assumptions :</u><br>I. The demand for seats of X-Airlines may remain unchanged even after the hike of fare.<br>II. Other airline companies may also hike the passenger fares.

Correct Answer: Only assumption I is implicit
Clearly, such decisions are taken only after making sure that it will not affect the company's business adversely. So, I is implicit. However, the impact of this increase on other airlines cannot be ascertained. So, II is not implicit.

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

Statement : "Fly X airways whenever you decide to go places. Our fares are less than train fares."- An advertisement.

Assumptions :
I. People prefer to travel by air when the fares are reasonable.
II. The fares of other airlines are costlier than those of X airways.

Consider the given arguments as true and decide which of the given assumptions is/are implicit. Argument :
The best bus travels company has decided to increase its fare by 10%. Conclusions :
1. Passengers may opt for other buses costing less than the best bus travels company.
2. The demand for the buses by passengers may remain unchanged even after the fare hike.

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.

The bus fare and train fare of a place from kolkata were Rs. 20 and Rs. 30 respectively. Train fare has been increased by 20% and the bus fare has been increased by 10%. The ratio of new train fare to new bus fare is.

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even ifthey seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements. Statement:
(I) Petrol prices are increasing in the economy.
(II) The price of crude oil in international market has not shown reasonable increase. Conclusions:
(I) The inflation has hit various commodities like petrol in the country.
(II) Demand for petrol is increasing but supply has not picked up with the same rate, hence resulting into hike in prices.

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

Statement : In view of the violent situation due to students' agitation the state government has decided to close down all the educational institutions in the state for two weeks with immediate effect.

Assumptions :
I. The students' agitation may subside after two weeks.
II. The students may not find a place to come further and continue agitation after the closure of the educational institutions.

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

Statement : The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars.

Assumptions :
I. There may be an increase in the sale of luxury cars of Company X.
II. The other such car manufacturers may also reduce their prices.
III. The competitor companies may not reduce their prices.

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

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 :
I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.
II. Now the investors investing in IT companies will get protection of their investment.

Consider the given statement and decide which of the given assumptions is/are implicit. Statement :
The train fares have increased by 25% with immediate effect. Assumptions :
1. People still prefer travelling by train despite the increase.
2. Other modes of commutation may also increase their fares.

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

Statement : The company has decided to increase the price of all its products to tackle the precarious financial position.

Assumptions :
I. The company may be able to wipe out the entire losses incurred earlier by this decision.
II. The buyers may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.