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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: "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
    • 2. 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
    • 3. SLAPSTICK : LAUGHTER

    • Options
    • A. fallacy : dismay
    • B. genre : mystery
    • C. satire : anger
    • D. mimicry : tears
    • E. horror : fear
    • Discuss
    • 4. Statement: Since its launching in 1981, Vayudoot has so far accumulated losses amounting to Rs 153 crore.

      Courses of Action:

      1. Vayudoot should be directed to reduce wasteful expenditure and to increase passenger fare.
      2. An amount of about Rs 300 crore should be provided to Vayudoot to make the airliner economically viable.


    • 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: All cars are cats. All fans are cats.

      Conclusions:

      1. All cars are fans
      2. Some fans are cars.


    • 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: A large number of people in ward X of the city are diagnosed to be suffering from a fatal malaria type.

      Courses of Action:

      1. The city municipal authority should take immediate steps to carry out extensive fumigation in ward X.
      2. The people in the area should be advised to take steps to avoid mosquito bites.


    • 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
    • 7. WAITRESS : RESTAURANT

    • Options
    • A. doctor : diagnosis
    • B. actor : role
    • C. driver : truck
    • D. teacher : school
    • E. author : book
    • Discuss
    • 8. Statements:

      1. It is the aim of the city's civic authority to get the air pollution reduced by 20% in the next two months.
      2. The number of asthma cases in the city is constantly increasing.


    • Options
    • A. Statement I is the cause and statement II is its effect
    • B. Statement II is the cause and statement I is its effect
    • C. Both the statements I and II are independent causes
    • D. Both the statements I and II are effects of independent causes
    • E. Both the statements I and II are effects of some common cause
    • Discuss
    • 9. Look at this series: XXIV, XX, __, XII, VIII, ... What number should fill the blank?

    • Options
    • A. XXII
    • B. XIII
    • C. XVI
    • D. IV
    • Discuss
    • 10. Which word does NOT belong with the others?

    • Options
    • A. noun
    • B. preposition
    • C. punctuation
    • D. adverb
    • Discuss


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