Statement and Assumptions Online Quiz

Answer : E

Explanation

Good faculty and a successful track record will attract more students. So both the assumptions are practical.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 2 - Statement: RBI has imposed Rs 1 crore fine on Dhanalaxmi bank for violating KYC norms.

Assumptions:

I. Dhanalaxmi Bank has recently opened it’s 100th branch in India.

II. RBI is very strict regarding KYC norms and its implementation.

Options :

Answer : B

Explanation

Bank’s number of branches is not mentioned in the statement. Hence; assumption I is not practical but RBI is strict, so it imposed penalty. Therefore; only assumption II is practical.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 3 - Statement: Sin tax has been included under proposed goods and service tax.

Assumptions:

I. As cascading of the tax will not be levied on alcohol and tobacco, so tax imposed on them will be less than earlier.

II. This move can encourage the manufacturers and the people who are associated with the Sin tax.

Options :

Answer : E

Explanation

GST will reduce tax on these products. So, assumption I is practical and this can also be assumed that this move will encourage the people who are associated with it.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 4 - Statement: In a bid to boost up investment and speed growth, the government of India has eased FDI norms for 15 sectors.

Assumptions:

I. India is following China’s policy.

II. India’s current growth rate is very slow.

Options :

Answer : D

Explanation

We cannot assume India’s current growth rate and in the statement it is not mentioned about China. So no assumption is practical.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 5 - Statement: Christiano Ronaldo received a record fourth golden boot this year.

Assumptions:

I. Ronaldo is fit and agile and is able to score more goals.

II. Now he must look towards Hollywood.

Options :

Answer : A

Explanation

Assumption II has no relation with the given statement. Assumption I is describing the cause and meaning to the statement.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 6 - Statement: India and China conducted hand-in-hand military training exercise.

Assumptions:

I. This exercise can strengthen bilateral cooperation.

II. India can understand Chinese military a lot better.

Options :

Answer : E

Explanation

Through joint military training, both the assumptions described above have possibility of happening.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 7 - Statement: Haryana government has launched Swadhan Greh scheme for security of women in distress.

Assumptions:

I. There were no such schemes earlier to help women in distress.

II. Under this scheme government will assure economic and social security to women.

Options :

Answer : B

Explanation

We do not know whether government has launched such schemes earlier in some other names or not but we do know and can assume that assumption II is valid and logical.

Each of the following question consists of one statement followed by two assumptions. You have to decide which one of them can be followed.

Q 8 - Statement: Government has relaxed FDI investment norms in defence sector.

Assumptions:

I. When investment will be more, we can attack Pakistan.

II. Relaxed FDI in defence sector will create havoc among the defence employees and they will look for other jobs.

Options :