Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. After a Pay Commission bonanza of 2% hike in dearness allowance in March, central government employees and pensioners can expect another round of salary increase with the government set to modify the index and base year for calculating dearness allowance.  II. The labour ministry is working on a new series of consumer price index for industrial workers (CPI-IW), which is used to determine dearness allowance (DA).  Conclusions: I. DA is a cost of living adjustment allowance paid to government employees, public sector employees and pensioners in the country. It is calculated as a percentage of an employee’s basic salary to mitigate the impact of inflation on people.  II. Since theindex is used to determine dearness allowance of all government employees and industrial workers there may be significant financial implication. III. The trend so far is that the weightage of transport, healthcare and housing has gone up many fold in the new series in the monthly expenditure of an industrial worker, especially consumption of petrol and diesel with the addition of cars to it, while there is decline in overall food basket which is being diversified.

Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. After a Pay Commission bonanza of 2% hike in dearness allowance in March, central government employees and pensioners can expect another round of salary increase with the government set to modify the index and base year for calculating dearness allowance.  II. The labour ministry is working on a new series of consumer price index for industrial workers (CPI-IW), which is used to determine dearness allowance (DA).  Conclusions: I. DA is a cost of living adjustment allowance paid to government employees, public sector employees and pensioners in the country. It is calculated as a percentage of an employee’s basic salary to mitigate the impact of inflation on people.  II. Since theindex is used to determine dearness allowance of all government employees and industrial workers there may be significant financial implication. III. The trend so far is that the weightage of transport, healthcare and housing has gone up many fold in the new series in the monthly expenditure of an industrial worker, especially consumption of petrol and diesel with the addition of cars to it, while there is decline in overall food basket which is being diversified. Correct Answer Neither conclusion 1 nor 3 follows

The correct answer is option 4, i.e. Neither conclusion 1 nor 3 follows, i.e. Only conclusion 2 follows.

In this type of question, conclusion is not specifically mentioned. It needs to be deduced from the given statements.

From both the statements, we infer that DA is expected to increase, a move which will help government employees and pensioners and the labour ministry is working on a new series of consumer price index for industrial workers in order to provide the benefit to the Industrial workers also. From the conclusions stated, it is evident that first conclusion can be rejected as it is a general statement regarding how DA is calculated and is in no manner a conclusion that can be made based on the information stated. Last conclusion can also be rejected as it introduces a new aspect of ‘consumption of petrol and diesel’ which is not evident from the information stated.

Second conclusion though, not a perfect conclusion but is in the same direction as the given information. It captures the general aspect of the hike which will benefit the employees and workers and this might result in increase in fiscal implications. Since, we don’t have ‘none of these’ as an option choice, second conclusion is the most appropriate conclusion as compared to the rest of the choices.

Thus, the most correct answer choice is option 4 and rest of the options can be rejected.

Related Questions

Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. One of the biggest acquisitions in the Indian patient-care industry, the Rs. 4,500-crore Fortis-IHH deal could intensify competitive intensity in the space, with declines Friday in the shares of Apollo Hospitals, Healthcare Global, Max India and Narayana Hrudayalaya pointing to potential challenges for the incumbents.  II. After the completion of the deal, the IHH-Fortis group of hospitals will be among the biggest in the country, competing directly with some of the large listed hospital chains. The BSE Healthcare index also fell Friday, with hospital stocks at the vanguard of the downward journey.  Conclusions: I. Hospitals will be challenged as they will have to face someone like IHH, which has deep pockets and will be going into markets where they are present. II. Shares of Apollo, currently the largest hospital chain in India, fell more than 2%, closing at Rs. 975, followed by Max India that lost by 2.40%. III. Both are direct competitors of Fortis, Narayana and Healthcare Global also fell after the buyout announcement.
Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. Milk supply in Maharashtra was badly hit after thousands of dairy farmers launched a protest on Monday, demanding better price and subsidy of Rs 5 per litre. Tankers supplying milk to major cities including Mumbai, Pune, Nagpur, Nashik and others were blocked early morning leading to sudden crisis.  II. The agriculture ministry had mooted a proposal asking railways to make milk available at railway stations and at the meeting, sources said representatives from Amul India suggested that the national transporter could provide stalls to dairy companies or cooperatives where they could sell their products.  Conclusions: I. Representatives of Amul India and food safety body FSSAI are willing to discuss issues and concerns of the dairy sector in the backdrop of the farmers agitation in Maharashtra that had led to severe shortage of milk in the state.  II. The farmers' groups and Maharashtra Kisan Sabha, are demanding a GST waiver on butter and milk powder apart from the subsidy. III. Railways is drawing up a plan to make milk available at railway stations across the country to promote its consumption.
Two statements are followed by three Conclusions I, II and III. You have to consider the statements to be true, even if they seem to be at variance from commonly known facts. You are to decide which of the given conclusions can definitely be drawn from the given statements and indicate your answer accordingly. Statements: I. Fraud-hit Punjab National (PNB) today said it has no plans to close operations at its Brady House branch, the fountainhead of the Rs. 14,000 crore Nirav Modi scam. II. Modi and his uncle Mehul Choksi, in connivance with certain bank officials, allegedly cheated PNB of about Rs. 14,000 crore through issuance of fraudulent Letters of Undertaking (LoUs).  Conclusions: I. PNB's Brady House branch in Mumbai had fraudulently issued LoUs for the group of companies belonging to Nirav Modi since March 2011. PNB has no plans to close operations in the Brady House branch in Mumbai. II. Reallocation of some of the accounts is part of the regular restructuring process at PNB to strengthen internal systems and processes and centralize certain critical functions  III. With regards to provision made for the loss incurred on account of the Nirav Modi fraud, the bank provided Rs. 7,178 crore, 50 per cent of the total amount of Rs. 14,356 crore, in the fourth quarter of 2017-18. The remaining amount will be covered in the three quarters of the current fiscal year.
The given question is followed by two statements numbered I and II. The question may or may not be answered with the help of these statements. You have to decide if these statements are sufficient to answer the question. The four employees of a company have monthly salaries that total Rs. 30,000. What is the salary of the highest paid of these employees ? Statements: I. The highest paid employee has a monthly salary that is twice as great as that of each of the other three employees. Il. The highest paid employee has a monthly salary that is exactly Rs. 6000 greater than that of each of the other 3 employees.
In the question below, are given a statement followed by three courses of actions numbered I, II and III. On the basis of the information given, you have to assume everything in the statement to be true, and then decide which of the following suggested courses of actions logically follow(s) for pursuing. Statement: Starting October, all new cars will have pedestrian safety features, including new design of the bonnet, to reduce impact on pedestrians during accidents. Advanced safety features are needed in all vehicles in India as vehicle safety cannot be confined to luxury vehicles only. Around 1.5 lakh people are killed in road accidents every year in the country, nearly 60% of them are pedestrians.  Courses of action: I. The government has set a target to reduce the number of road deaths by half in the next two years. The ministry of road transport and highways has been issuing new safety standards for the automobiles along with eliminating the black spots on national highways.  II. By next month, all new cars will have pedestrian safety feature, including new design of the bonnet, to reduce impact on pedestrians during accidents.  III. Ministry of road transport and Highways is planning to implement all safety features in vehicles with active support of vehicle manufacturers. Electronic stability control (ESC) and autonomous emergency braking (AEB) will be incorporated in new vehicles by 2022.