direction, passage with conclusion Practice Questions Answers Test with Solutions & More Shortcuts
passage & conclusion PRACTICE TEST [1 - EXERCISES]
direction, passage with conclusion
Directions:
Questions in the form of inferences/ conclusions are based on the passages given below. Each passage is followed by five inferences. You are required to examine each inference separately in the context of the passage and decide upon its degree of truth or falsity.Give answer:
- If the inference is definitely true, i.e., it properly follows from the statement of facts given
- If the inference is probably true though not definitely true in the light of the facts given
- If the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or false
- If the inference is probably false though not definitely false in the light of the facts given
- If the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts
Passage 3
Domestic steel industry has been going through challenging times with raw material prices rising unabated and Government trying to cap final product (steel) prices in order to keep inflation under check. Notably, the Government has taken several measures in the past six months to keep a check on steel prices. Which contribute around 3.63% of WPI. Now, after holding prices for three months the battle between the Government and steel players has erupted again. With the anticipation of players increasing prices very soon, Government is trying to counter this with the imposition of a price band on steel products. Imposition of price band may unfairly treat the domestic steel industry as global steel prices are ruling at 30% premium to domestic prices. Global prices have increased by 50% to 60% in 2008 as compared to just 20% rise in the domestic market.Question : 11
Some countries in the Western World have fixed a price band for steel products in their domestic markets.
a) If the inference is definitely true, i.e., it properly follows from the statement of facts given
b) If the inference is probably true though not definitely true in the light of the facts given
c) If the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or false
d) If the inference is probably false though not definitely false in the light of the facts given
e) If the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts
Answer »Answer: (d)
Such a scenario is unlikely when "global steel prices are ruling at 30% premium to domestic prices".
Question : 12
Government move to fix a price band of steel prices may adversely affect the steel manufacturing units in India.
a) If the inference is definitely true, i.e., it properly follows from the statement of facts given
b) If the inference is probably true though not definitely true in the light of the facts given
c) If the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or false
d) If the inference is probably false though not definitely false in the light of the facts given
e) If the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts
Answer »Answer: (a)
This move will only worsen the "challenging times".
Question : 13
Price of steel is an integral part of the Wholesale Price Index (WPI) of India.
a) If the inference is definitely true, i.e., it properly follows from the statement of facts given
b) If the inference is probably true though not definitely true in the light of the facts given
c) If the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or false
d) If the inference is probably false though not definitely false in the light of the facts given
e) If the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts
Answer »Answer: (a)
Obvious from the first two sentences.
Question : 14
There has been a decline in the rate of inflation in recent months in India.
a) If the inference is definitely true, i.e., it properly follows from the statement of facts given
b) If the inference is probably true though not definitely true in the light of the facts given
c) If the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or false
d) If the inference is probably false though not definitely false in the light of the facts given
e) If the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts
Answer »Answer: (d)
This is unlikely given the Government's dogged efforts to keep steel prices and inflation under control.
Question : 15
In the recent past, the increase in steel prices in the international market is much lower than that in the domestic market.
a) If the inference is definitely true, i.e., it properly follows from the statement of facts given
b) If the inference is probably true though not definitely true in the light of the facts given
c) If the data are inadequate i.e., from the facts given you cannot say whether the inference is likely to be true or false
d) If the inference is probably false though not definitely false in the light of the facts given
e) If the inference is definitely false i.e., it cannot possibly be drawn from the facts given or it contradicts the given facts
Answer »Answer: (e)
Read the last sentence.
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