Based On Three Assumptions MCQs Section 2 Practice Questions Answers Test with Solutions & More Shortcuts

Question : 36

Statement:
“We believe that the adjustment that has already taken place in the value of the rupee is adequate. There is no ground for a further weakening of the rupee.”
— RBI governor
Assumptions:
I. The value of the rupee has depreciated recently.
II. Dollar-buying has been on the rise.
III. Currencies do not fall after a certain level.

a) None

b) Only III

c) Only I and III

d) Only II

e) Only I and II

Question : 37

Statement:
The World Food Summit in Rome was on the verge of becoming a fiasco on its opening day when western countries stayed away, prompting accuslations of indifference to the fate of the malnourished and starving people because the third world countries send civil servants and ministers rather than prime ministers and presidents.
Assumptions:
I. Prime ministers and presidents are more efficient than civil servants and ministers.
II. Prime ministers and presidents enjoy more power than civil servants and ministers.
III. A meaningful outcome can be obtained only when the real powers attend a summit.

a) Only I and II

b) Only II and III

c) Only I and III

d) None

e) None of these

Question : 38

Statement:
“The ‘X’ state cabinet endorsed our proposal to stagger shopping timing by allowing markets to remain open til 10 PM to make it more dynamic.”
— A leader of traders
Assumptions:
I. If it is taken well by traders, the state government will permanently alter the closing time for all prominent markets in the city.
II. There is a need to boost the commercial activities in the city.
III. Keeping the market open longer is likely to enhance sales as well as making shopping more convenient for people with late working hours.

a) Only I

b) Only I and II

c) Only II and III

d) Only I and III

e) None of these

Question : 39

Statement:
The board of directors of ‘X’ coaching institute — a premier coaching institute — has decided to charge a fixed amount of Rs 10,000/month from each of its franchisees in urban area and Rs 5000/month in rural area.
Assumptions:
I. Profits gained by franchisees in urban area differ from that in rural areas.
II. Franchisees will be able to pay the respective charges according to the respective categories.
III. It is feasible to expand branches and control them by fixing a target.

a) Only I

b) Only II

c) Only I and II

d) Only III

e) None of these

Question : 40

Statement:
“Why are only highprofile people considered to be adventurous? The villagers in India, who have no buses, walk barefoot for miles on dusty, untarred roads. Isn’t that more adventurous than rafting or gliding?”
— View of a person
Assumptions:
I. It is a Herculean task to walk barefoot for miles on dusty untarred roads.
II. Rafting and gliding are considered adventurous by the people.
III. Walking barefoot for miles on dusty untarred roads is not considered adventurous by the people.

a) Only I and II

b) Only II and III

c) Only I and III

d) All I, II and III

e) None of these