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<u>Directions :</u> In each of the following questions a statement is given, followed by three conclusions. Give answer :<br><br><u>Statement :</u> Items in big showrooms in main markets are costlier than similar items in small shops.<br><br><u>Assumptions :</u><br>I. Items in small shops are never reliable.<br>II. Persons managing big showrooms are cheats.<br>III. Maintenance of big showrooms is an expensive affair in itself; hence the prices are a little higher.

Correct Answer: Only III is implicit
Clearly, only III defines the correct essence of the statement and hence is implicit.

Consider the following statements.
1. A profit maximising monopolist in different markets will adjust his sales in the two markets, so that his MR in each market just equals his MC.
2. A profit maximising monopolist in separate markets will not adjust his sales.
3. A profit maximising monopolist in separate markets will adjust his sales in the two markets, so that his MR in each market will greater than MC.
4. A profit maximising firm in separate markets will adjust his sales in each market so, that his MR is less than MC.
Which of the statement(s) given above is/are correct?

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

Statements : The Bank of England's move to auction 25 metric tons of gold drew plenty of bidders looking for a bargain, but was criticised by major gold producers worldwide.

Conclusions :
I. The Bank of England should not auction gold which it possesses to keep steady international prices of gold.
II. Bidders should quote higher gold prices to retain present value of gold in the international markets.

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

Statement : Among all the articles, the prices of personal computers show the highest decline from June 2005 to December 2005.

Assumptions :
I. Comparative prices of all the articles in June and December 2005 were available.
II. Prices of personal computers were higher in the first six months than the last six months of 2005.

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

Statement : The multinational fast food chains are opening up a large number of Plus Coffee Shops with piped modern music in different cities of India and these are serving various breakfast (snax) with coffee.

Assumptions :
I. large number of persons may become regular customers of these coffee shops.
II. The people will like to enjoy the comfortable environment while drinking coffee with snax.

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 : "The Government will review the present policy of the diesel price in view of further spurt in the international oil prices". - A spokesman of the Government.

Conclusions :
I. The Government will increase the price of the diesel after the imminent spurt in the international oil prices.
II. The Government will not increase the price of the diesel even after the imminent spurt in the international oil prices.

Statements followed by some conclusions are given below. Statements : 1. Demand and supply determine the prices of goods and services. 2. When there are too many buyers, prices are pushed up and too many sellers push down prices. Conclusions : I. Buyers and sellers determine the prices. II. Price discovery is market driven. Find which of the given conclusions logically follows from the given statements.

The question below consists of a set of labelled sentences. Out of the four options given, select the most logical order of the sentences to form acoherent paragraph.
P: The recent reduction in interest rates in the US and the injection of liquidity have resulted in investors seeking new avenues such as commodity markets, in view
of the turbulence in financial markets and the low returns in treasuries.
Q: The relatively easy liquidity and low interest rates, by themselves, make holding of inventories attractive and thus induce volatility in commodity markets.
R: The financialisation of commodity trade and current extraordinary conditions in global financial markets could have influenced the spurt in prices.
S: The weakening of the US dollar is also advanced as a reason for the recent volatility in commodity markets, including food items.

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

Statement : This year most of the shops and departmental stores are offering prizes and discounts on purchases to attract customers.

Assumptions :
I. The shops and departmental stores have so far earned a lot of profit, so now they have started sharing it with the customers.
II. Lots of goods are available but the sale is not shooting up. There is no cheer for the customers.

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

Statements : The average number of persons per household is 5 in urban areas whereas it is 7 in rural areas. The national average is 6.

Conclusions :
I. The population per unit area in the rural areas is higher than in the urban areas.
II. More persons live in the same household in the rural areas as compared to those in the urban areas.