General Studies · Statements and Reasons
Given below is a statement, followed by two possible reasons numbered I and II. Read the statement carefully and decide which of the reasons explains the event/observation/information given in the statement. Statement: Even though fuel prices have gone down, airlines have not cut down on their ticket prices. Reasons: I) Demand for air travel among consumers is several times more than the availability. II) The Government has lifted all restrictions on the pricing of air tickets.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Neither I nor II is a possible reason
- 2Both I and II are possible reasons✓
- 3Only II is a possible reason
- 4Only I is a possible reason
Correct answer
Both I and II are possible reasons
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