Bissoy.com
Doctors Medicines MCQs Q&A

Given below are two statements 1 and 2, and two conclusions I and II. Statement 1: All entrepreneurs are wealthy. Statement 2: All wealthy are risk seekers. Conclusion I: All risk seekers are wealthy. Conclusion II: Only some entrepreneurs are risk seekers. Based on the above statements and conclusions, which one of the following options is CORRECT? 

Given below are two statements 1 and 2, and two conclusions I and II. Statement 1: All entrepreneurs are wealthy. Statement 2: All wealthy are risk seekers. Conclusion I: All risk seekers are wealthy. Conclusion II: Only some entrepreneurs are risk seekers. Based on the above statements and conclusions, which one of the following options is CORRECT?  Correct Answer Neither conclusion I nor II is correct

Explanation:

The Venn diagram according to the given statements is as follows:

[ alt="F1 Shiv 26-02-21 Savita D2" src="//storage.googleapis.com/tb-img/production/21/02/F1_Shiv_26-02-21_Savita_D2.png" style="width: 212px; height: 166px;">

Conclusions:

All risk seekers are wealthy. → False (All wealthy are risk seekers but can't say vice versa is also true)

Only some entrepreneurs are risk seekers → False (All entrepreneurs are wealthy and All wealthy are risk seekers so all entrepreneurs will be risk seekers)

Hence neither conclusion I nor II is correct.

Related Questions

In the question given below are given two statements followed by a few conclusions a option. You have to take the two given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions basically follows from the tow given statements disregarding commonly known facts. Statements: A. All rivers are clouds B. Some animals are rivers Conclusion: 1. Some rivers are animals 2. Some clouds are rivers 3. All clouds are rivers 4. All animals are clouds A. Conclusion 1 and 2 follow B. Conclusion 1, 2 and 3 follow C. Conclusion 1 and 3 follow D. Conclusion 2, 3 and 4 follow
Two statements in this question and two related findings have been given in the form of i and ii. You should consider the statements given in the statements as valid and to determine which conclusions are relevant in relation to the statements? Statement: All candles are wicker. Some lighter are wicker. Conclusion: i) Some candles are lighter. ii) Some wickers are lighters. Select one of the most suitable in the following options: A. Only conclusion i rational is B. Only conclusion ii is logical C. The conclusions i or ii is logical D. Neither the conclusion i nor ii is rational E. i and ii both conclusions are rational
Below are given statements followed by two conclusions I and II. You have to take the given statements to be true even if they seem to be at variance from commonly known facts. Statements: All birds are trees. All trees are papers. Some papers are books. Conclusions: I. All birds are papers. II. Some birds are books. Decide which of the below options logically follows the given conclusions. A. Both conclusion I or II follows B. Neither conclusion I nor II follows C. Only conclusion I follows D. Only conclusion II follows
In each of the following question below are given some statements followed by some conclusion, Taking the given statements to be true even if they seem to be at variance from commonly known facts, read all the conclusions and then decide which of the given conclusion logically follows the given statements, seem to be at variance from commonly known facts, read all the conclusions and then decide which of the given conclusion logically follows the given statements, Statements: I. All pages are yellow. II. All yellow are newspapers. III. Some newspapers are national. Conclusions: I. Some national are yellow II. Some newspapers are pages. III. No page is national.
A statement in this question and the two conclusions related to them are given in the form of i and ii, assuming that the statements given in the statements to be true are to be considered together on both the findings and to make sure that the information given in the statement Which of the conclusions beyond reasonable doubt is logical? Statement: Every Monday is a working day. Today is a working day. Conclusion: i. Today is Monday. ii. Only Monday is a working day. Choose the right one from the following options: A) The only conclusion is rational. B) The only conclusion ii is logical. C) either i or ii conclusion is rational. D) neither i nor ii conclusion is rational. E) i and ii both conclusions are rational.
A statement and its two conclusions - I and II are given. You have to follow the given statements is correct even if they seem to be at variance from commonly known facts. Statement: All belts are hot. All bolts are hot. Conclusions: I. At least some belts are bolts. II. All hot are belts. Decide which of the following options logically follows from the given conclusions. A. Only conclusion I follow. B. Only conclusion II follows. C. Both conclusions I and II follow. D. Neither conclusion I nor conclusion II follows.
Consider two Statements and four Conclusions given below. You have to take the Statements to be true even if they seem to be at variance from the commonly known facts. Read all Conclusions and then decide which of the given Conclusion(s) logically follows/follow from the Statements, disregarding the commonly known facts. Statement - 1 : Some greens are blues. Statement - 2 Some blues are blacks. Conclusion - 1 : Some greens are blacks. Conclusion - 2 : No green is black. Conclusion - 3 : All greens are blacks. Conclusion - 4 : All blacks are greens. Which one of the following is correct ?
In this question two statements and two conclusions i and ii have been given. You have to consider both the conclusions by considering the statement as true and deciding which conclusions are logically logical beyond any doubt. Statement: All balls are bat. All bats are rubber. Conclusion: i) All balls are rubber. ii) There are some rubber balls. Select the correct option from the given options. (A) Only conclusions i is logical (B) Only conclusions ii is rational (C) or conclusions i or ii is rational (D) nor the conclusions ii is rational (E) both the conclusions i and ii are rational
In the question below, two statements and some of their conclusions are given as alternatives. You have to follow both the given statements correctly, even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions basically follows the given statements, regardless of the commonly known facts. Statements: 1. All stars are planets 2. All planets are moons Conclusion: 1. All moons are planets 2. Some planets are stars 3. Some moons are stars 4. All planets are stars A. Conclusions 1, 3 and 4 follow B. Conclusions 2 and 3 follow C. Conclusions 1, 2 and 3 follow D. All conclusions follow
Some statements and its two conclusions 1 and 2 are given. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. Statement: All mangoes are golden colored. No golden thing is cheap. Conclusion: 1. All mangoes are cheap. 2. Golden colored mangoes are not cheap. Decide which of the following options given below logically follows the given statements. A. Both conclusions 1 and 2 follow. B. Neither conclusion 1 nor conclusion 2 follows. C. Only conclusion 1 follows D. Only conclusion 2 follows