General Intelligence · Statement and Conclusion
Read the given statement and conclusions carefully. Assuming that the information given in the statement is true, decide which of the given conclusions logically follow(s) from the statement. Statement: Prices of pulses have doubled in the last 15 days due to shortages artificially created by large-scale hoarding by a few traders. Conclusions: I. Hoarding is the only factor that leads to an increase in the price of pulses. II. Fifteen days ago, there was no shortage in availability of pulses.
- 1Only conclusion I follows
- 2Both conclusions I and II follow
- 3Neither conclusion I nor II follows✓
- 4Only conclusion II follows
Correct answer
Neither conclusion I nor II follows
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