Statement — “A 5% increase in freight and passenger fares will yield only Rs 500 crore in the remaining part of the current financial year.” — the Railway Minister. Conclusions: I. At least a 10% increase was being expected. II. The Railway Minister is a rich man.

Introduction / Context:The minister provides a quantitative revenue estimate for a specific fare hike. We must not project hidden expectations or irrelevant personal details.

Given Data / Assumptions:

• Policy: 5% increase → Rs 500 cr in the remainder of the year.
• No mention of desired/expected percentage beyond 5%.
• No information on the minister’s personal wealth.

Concept / Approach:Conclusion I imagines a benchmark (10%) that is never stated; revenue sufficiency/dissatisfaction does not imply a numeric expectation. Conclusion II is entirely unrelated to the policy statement.

Step-by-Step Solution:1) Keep to the text: only a 5% → Rs 500 cr mapping is given.2) No grounds to infer a different target hike or wealth status.

Why Other Options Are Wrong:Any option granting I or II relies on speculation outside the statement.

Common Pitfalls:Reading policy dissatisfaction into a specific estimate; assuming personal attributes from office held.

Final Answer:Neither I nor II follows.