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Home Logical Reasoning Statement and Argument See What Others Are Saying!
  • Question
  • Jio is a big shot at reducing the cost of Internet access in India. The U.S., despite being the richest country in the world, lags far behind in terms of cost and penetration of Internet access. Cheap access to the Internet is an important step in bridging the access gap ? access to good education, good healthcare, etc. But the market reaction to Jio is similar to the U.S. market?s reaction to firms announcing their intention to diversify. (A) The final group of losers is the current shareholders of RIL. On announcement of Jio, the stock price of RIL fell. (B) It shows that the market?s short-term reaction is usually proven correct in the long-run. (C) On losing end, the first groups of losers are the shareholders of other telecom companies. (D) The large amount of revenue the Government of India gets from auctioning off the nation?s natural resources is not necessarily a good thing because the Government does not have a stellar track record when it comes to spending the money. A large fraction of Government spending is wasted. (E) The second loser is the Government of India. The big money the Indian Government was raking in selling cellular bandwidth was actually coming from the pockets of the cellular consumers. (F) The first obvious winners of this scheme are customers. (G) The second winner is Mr. Ambani; he can potentially make a lasting impact as the man who brought Internet to millions of Indians. Question: Which of the following supports the decision of other companies opposing Reliance JIO Scheme?


  • Options
  • A. Only A
  • B. Both A & B
  • C. Only C
  • D. Both C & E

  • Correct Answer
  • Both C & E 

    Explanation

    As the arguments C and E states that other companies are on the losing end with this scheme, it is the only appropriate answer to this question.

  • Tags: AIEEE, Bank Exams, CAT, GATE, GRE, TOEFL, Analyst, Bank Clerk, Bank PO, Database Administrator, IT Trainer, Project Manager

    More questions

    • 1. Statement: The Government has decided not to provide financial support to voluntary organisations from next Five Year Plan and has communicated that all such organisations should raise funds to meet their financial needs.

      Courses of Action:

      1. Voluntary organisations should collaborate with foreign agencies.
      2. They should explore other sources of financial support.


    • Options
    • A. Only I follows
    • B. Only II follows
    • C. Either I or II follows
    • D. Neither I nor II follows
    • E. Both I and II follow
    • Discuss
    • 2. Statement: The government is making efforts to boost tourism in State X.

      Assumptions:

      1. Tourism in State X dropped following political unrest.
      2. Special discounts in the air fare have been announced.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 3. Statement: Detergents should be used to clean clothes.

      Assumptions:

      1. Detergents form more lather.
      2. Detergents help to dislodge grease and dirt.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 4. Statement: As stated in the recent census report the female to male ratio is alarmingly low.

      Courses of Action:

      1. The government should conduct another census to verify the results.
      2. The government should immediately issue orders to all the departments to encourage people to improve the ratio.


    • Options
    • A. Only I follows
    • B. Only II follows
    • C. Either I or II follows
    • D. Neither I nor II follows
    • E. Both I and II follow
    • Discuss
    • 5. Statements: The old order changed yielding place to new.

      Conclusions:

      1. Change is the law of nature.
      2. Discard old ideas because they are old.


    • Options
    • A. Only conclusion I follows
    • B. Only conclusion II follows
    • C. Either I or II follows
    • D. Neither I nor II follows
    • E. Both I and II follow
    • Discuss
    • 6. Statement: The government has decided to pay compensation to the tune of Rs. 1 lakh to the family members of those who are killed in railway accidents.

      Assumptions:

      1. The government has enough funds to meet the expenses due to compensation.
      2. There may be reduction in incidents of railway accidents in near future.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 7. Statements: Money plays a vital role in politics.

      Conclusions:

      1. The poor can never become politicians.
      2. All the rich men take part in politics.


    • Options
    • A. Only conclusion I follows
    • B. Only conclusion II follows
    • C. Either I or II follows
    • D. Neither I nor II follows
    • E. Both I and II follow
    • Discuss
    • 8. Statement: Cases of food poisoning due to consumption of liquor are increasing in rural areas.

      Assumptions:

      1. Percentage of people consuming liquor is more in rural areas.
      2. There are many unauthorized spurious liquor shops in the rural areas.


    • Options
    • A. Only assumption I is implicit
    • B. Only assumption II is implicit
    • C. Either I or II is implicit
    • D. Neither I nor II is implicit
    • E. Both I and II are implicit
    • Discuss
    • 9. Statement: Majority of the students have failed in one paper in the first semester examination.

      Courses of Action:

      1. All those students who failed should be asked to drop out of the course.
      2. The faculty teaching the paper should be asked to resign.


    • Options
    • A. Only I follows
    • B. Only II follows
    • C. Either I or II follows
    • D. Neither I nor II follows
    • E. Both I and II follow
    • Discuss
    • 10. Statement: Should India engage into a dialogue with neighbouring countries to stop cross border tension?

      Arguments:

      1. Yes. This is the only way to reduce the cross border terrorism and stop loss of innocent lives.
      2. No. Neighbouring countries cannot be relied upon in such matters, they may still engage in subversive activities.


    • Options
    • A. Only argument I is strong
    • B. Only argument II is strong
    • C. Either I or II is strong
    • D. Neither I nor II is strong
    • E. Both I and II are strong
    • Discuss


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