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A statement is given followed by two inferences I and II. You have to consider the statement to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given inferences, if any, follow from the given statement. Statement: An advertisement by bank saying that our interest rates for home loans are lower than any other bank. Inference: I) Interest rate charged on all loans are different for different banks. II) Some other banks also provide home loans.

A statement is given followed by two inferences I and II. You have to consider the statement to be true even if it seems to be at variance from commonly known facts. You have to decide which of the given inferences, if any, follow from the given statement. Statement: An advertisement by bank saying that our interest rates for home loans are lower than any other bank. Inference: I) Interest rate charged on all loans are different for different banks. II) Some other banks also provide home loans. Correct Answer Only II follows

The line ‘are lower than any other bank’ clearly means, there are other banks which provides home loan and the interest rate for home loan of this particular bank is the lowest. But nowhere in the given statement it is mentioned that, interest rate charged on all loans are different for different banks. We have information only regarding home loan.

Hence, only inference II follows.

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