General Intelligence · Statements and Conclusions
Read the given statement and conclusions carefully. Assuming that the information given in the statement is true, decide which of the given conclusions logically follows from the statement. Statement: India's largest lender bank has announced that it will be allowing customers to exchange Rs. 2,000 notes without a requisition slip for amounts up to Rs. 20,000. Conclusions: I. No one will be allowed to withdraw an amount of more than Rs. 20,000. II. No requisition slip is required for exchange of up to Rs. 20,000.
- 1Only Conclusion I follows
- 2Neither Conclusion I nor Conclusion II follows
- 3Both Conclusion I and Conclusion II follow
- 4Only Conclusion II follows✓
Correct answer
Only Conclusion II follows
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