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Home ‣ Logical Reasoning ‣ Statement and Conclusion See What Others Are Saying!
  • Question

  • Statements: The Bank of England's move to auction 25 metric tons of gold drew plenty of bidders looking for a bargain, but was criticised by major gold producers worldwide.

    Conclusions:

    1. The Bank of England should not auction gold which it possesses to keep steady international prices of gold.
    2. Bidders should quote higher gold prices to retain present value of gold in the international markets.


  • 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

  • Correct Answer
  • Neither I nor II follows 

    Explanation
    The statement does not talk against the auction but only speaks of the response it received from the bidders and gold producers. So, I does not follow. The phrase 'plenty of bidders looking for a bargain' is quite contrary to II. So, II also does not follow.

    • More questions

    • 1. 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
    • 2. Which word does NOT belong with the others?

    • Options
    • A. couch
    • B. rug
    • C. table
    • D. chair
      • Discuss
    • 3. Which word does NOT belong with the others?

    • Options
    • A. eel
    • B. lobster
    • C. crab
    • D. shrimp
      • Discuss
    • 4. 14 14 26 26 38 38 50

    • Options
    • A. 60 72
    • B. 50 62
    • C. 50 72
    • D. 62 62
    • E. 62 80
      • Discuss
    • 5. All guilty politicians were arrested. Kishan and Chander were among those arrested.

    • Options
    • A. All politicians are guilty.
    • B. All arrested people are politicians.
    • C. Kishan and Chander were not politicians.
    • D. Kishan and Chander were guilty.
      • Discuss
    • 6. Statement: Is caste-based reservation policy in professional colleges justified?

      Arguments:

      1. Yes. The step is a must to bring the underprivileged at par with the privileged ones.
      2. No. It obstructs the establishment of a classless society.
      3. Yes. This will help the backward castes and classes of people to come out of the oppression of upper caste people.


    • Options
    • A. Only I and II are strong
    • B. Only II is strong
    • C. Only II and III are strong
    • D. Only I and III are strong
    • E. All are strong
      • Discuss
    • 7. Statement: 'Guests should be provided lunch.' - A tells B.

      Assumptions:

      1. Unless told, lunch may not be provided.
      2. Guests will stay during lunch time.


    • 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. Which word does NOT belong with the others?

    • Options
    • A. dodge
    • B. flee
    • C. duck
    • D. avoid
      • Discuss
    • 9. Statement: Should agriculture in rural India be mechanized?

      Arguments:

      1. Yes. It would lead to higher production.
      2. No. Many villagers would be left unemployed.


    • 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
    • 10. 28 25 5 21 18 5 14

    • Options
    • A. 11 5
    • B. 10 7
    • C. 11 8
    • D. 5 10
    • E. 10 5
      • Discuss

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