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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: Many historians have done more harm than good by distorting truth.

      Assumptions:

      1. People believe what is reported by the historians.
      2. Historians are seldom expected to depict the truth.


    • 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
    • 2. Look at this series: 58, 52, 46, 40, 34, ... What number should come next?

    • Options
    • A. 26
    • B. 28
    • C. 30
    • D. 32
    • Discuss
    • 3. Which word does NOT belong with the others?

    • Options
    • A. tape
    • B. twine
    • C. cord
    • D. yarn
    • Discuss
    • 4. Choose the picture that would go in the empty box so that the two bottom pictures are related in the same way as the top two:

    • Options
    • A. 1
    • B. 2
    • C. 3
    • D. 4
    • Discuss
    • 5. A Guarantee is a promise or assurance that attests to the quality of a product that is either (1) given in writing by the manufacturer or (2) given verbally by the person selling the product. Which situation below is the best example of a Guarantee?

    • Options
    • A. Melissa purchases a DVD player with the highest consumer ratings in its category.
    • B. The salesperson advises Curt to be sure that he buys an air conditioner with a guarantee.
    • C. The local auto body shop specializes in refurbishing and selling used cars.
    • D. Lori buys a used digital camera from her coworker who says that she will refund Lori's money if the camera's performance is not of the highest quality.
    • Discuss
    • 6. B2CD, _____, BCD4, B5CD, BC6D

    • Options
    • A. B2C2D
    • B. BC3D
    • C. B2C3D
    • D. BCD7
    • Discuss
    • 7. Statement: "You should not grant him leave in this week due to exigency of work." - A supervisor advises the administrative officer.

      Assumptions:

      1. Request for leave can be turned down also.
      2. The supervisor has reviewed the work required to be done during the said period.


    • 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
    • 8. Statements: In a one day cricket match, the total runs made by a team were 200. Out of these 160 runs were made by spinners.

      Conclusions:

      1. 80% of the team consists of spinners.
      2. The opening batsmen were spinners.


    • 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
    • 9. Statement: "This drink can be had either as it is, or after adding ice to it." - An advertisement.

      Assumptions:

      1. People differ in their preferences.
      2. Some people will get attracted to the drink as it can be had as it is.


    • 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
    • 10. Statements: Some trains are roads. No road is jungle. All flowers are jungles.

      Conclusions:

      1. Some trains are flowers.
      2. Some trains are jungles.
      3. Some flowers are trains.
      4. No road is flower.


    • Options
    • A. None follows
    • B. Only II follows
    • C. Only III follows
    • D. Only IV follows
    • E. All follow
    • Discuss


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