General Studies · Statement and Reasons
Given below is a statement followed by two possible reasons numbered I and II. Read the text carefully and decide which of the reasons logically explain(s) the observation given in the statement. Statement: Even though Company X is the biggest exporter of wheat in the country, it is not among the biggest profit-earning companies in the country. Reasons: I. Trading in materials other than wheat, like iron, is much more profitable. II. Company X has heavy miscellaneous expenditure.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only I is a possible reason
- 2Neither I nor II is a possible reason
- 3Both I and II are possible reasons✓
- 4Only II is a possible reason
Correct answer
Both I and II are possible reasons
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