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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: Mr. Prasad went bankrupt. Inferences: Mr. Prasad had insufficient assets to cover his debts. Mr. Prasad lost all his money in gambling.  

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: Mr. Prasad went bankrupt. Inferences: Mr. Prasad had insufficient assets to cover his debts. Mr. Prasad lost all his money in gambling.   Correct Answer <p>Only I follows.</p> <p> </p>

Mr. Prasad went bankrupt. It means he did not have sufficient assets to clear his debt. So, inference I follows. But it is no where given how he went bankrupt, so, it is wrong to assume he lost all his money in gambling. Therefore, inference II does not follow.

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