In each question below is given some statements followed by three conclusions numbered I, II and III. You have to assume everything in the statement to be true, then consider the given conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. Statements: Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency,” Facebook’s product management director, Rob Leathern, said. The new policy will be implemented across its platforms, including Facebook, Audience Network and Instagram, the company said.   Conclusions: Cryptocurrencies and initial coin offerings, according to Facebook, associate with misleading or deceptive promotional practices. Audience Network is a product of Facebook Inc. Instagram isn’t a subsidiary product of Facebook Inc. 

In each question below is given some statements followed by three conclusions numbered I, II and III. You have to assume everything in the statement to be true, then consider the given conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. Statements: Facebook Inc said on Tuesday it will ban ads promoting financial products and services tied to cryptocurrencies and initial coin offerings. “We’ve created a new policy that prohibits ads that promote financial products and services that are frequently associated with misleading or deceptive promotional practices, such as binary options, initial coin offerings and cryptocurrency,” Facebook’s product management director, Rob Leathern, said. The new policy will be implemented across its platforms, including Facebook, Audience Network and Instagram, the company said.   Conclusions: Cryptocurrencies and initial coin offerings, according to Facebook, associate with misleading or deceptive promotional practices. Audience Network is a product of Facebook Inc. Instagram isn’t a subsidiary product of Facebook Inc.  Correct Answer Both conclusion I and II are correct

Conclusion I and II are correct.

Facebook product manager in his statement said that Facebook would prohibit ads of financial products and services which are associated with misleading or deceptive promotional practices. The product manager also named some of the financial products or services like Cryptocurrencies and initial coin offerings. Clearly, according to Facebook, conclusion I is correct.

Facebook Inc can enforce its policies on the products or platforms or services it owns. Clearly, from statement (III), it can be ascertained that Audience Network and Instagram are a part of Facebook Inc. Hence, conclusion (II) is correct but conclusion (III) is false. 

Related Questions

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 suggested courses of action logically follow(s) for pursuing. Statement: India’s pharmaceutical sector is now popping out from a shell and making a remarkable recovery. Actually, it has been facing several regulatory challenges in the forms of a recast of foreign direct investment (FDI) policy, pricing policy in the US generics market, patent protection, regulatory approvals and compulsory licensing. Also limited new product launches in the generics space, GST introduction and higher costs associated with regulatory compliance have hurt the sector. Courses of action: I. The government has been engrossed more in policy making and taking resilient decisions for the concerns of the pharma industry. Recently, the government proposed to introduce a new price index for pharmaceutical products, which would serve as a benchmark for determining prices of all medicines sold in the country. II. Meanwhile, pharma companies’ constant investments in R&D have enabled them to develop a basket of robust products for markets across the world. In international markets, pricing pressure on generics sold in the US has eased and this is likely to support the sector. III. Domestic pharma sales grew to Rs. 10,583 crore in May 2018 from Rs. 9,549 crore in the same month last year. The recent clearance by the US Food and Drug Administration to Sun Pharma’s manufacturing plant at Halol in Gujarat brings to an end a two-year import ban it had imposed on the company over quality issues. This is likely to increase sales for the company.
The question given below consists of a statement, followed by three arguments I, II and III. You have to decide which of the arguments is/are ‘strong’ arguments is/are ‘weak’ arguments and accordingly choose your answer from the alternatives given below each question. Statement: For users, Facebook's revelation of a data breach that gave attackers access to 50 million accounts raises an important question: What happens next? For the owners of the affected accounts, and of another 40 million that Facebook considered at risk, the first order of business may be a simple one: sign back into the app. Facebook logged everyone out of all 90 million accounts in order to reset digital keys the hackers had stolen - keys normally used to keep users logged in, but which could also give outsiders full control of the compromised accounts.  Which of the following points do not capture the negligence of Facebook in the most appropriate manner? Arguments: I. What Facebook knows so far is that hackers got access to the 50 million accounts by exploiting three distinct bugs in Facebook's code that allowed them to steal those digital keys, technically known as ‘access tokens’. The company says it has fixed the bugs.  II. The hack is the latest setback for Facebook during a tumultuous year of security problems and privacy issues . So far, though, none of these issues have significantly shaken the confidence of the company's 2 billion global users.  III. One of the bugs was more than a year old and affected how the ‘View As’ feature interacted with Facebook's video uploading feature for posting ‘happy birthday’ messages. But it wasn't until mid-September that Facebook noticed an uptick in unusual activity, and not until this week that it learned of the attack.