Read the statement and select a conclusion from the given alternatives. Statement : Company 'X' had asked its employees to declare income and assets but it has strongly opposed by the employees' his/her union and no employee is going to declare his/her income. Conclusions : I. The employees of the company 'X' do not seem to have any additional income besides their salary. II. The employees' union want all the senior officer to declare their income first.

Read the statement and select a conclusion from the given alternatives. Statement : Company 'X' had asked its employees to declare income and assets but it has strongly opposed by the employees' his/her union and no employee is going to declare his/her income. Conclusions : I. The employees of the company 'X' do not seem to have any additional income besides their salary. II. The employees' union want all the senior officer to declare their income first. Correct Answer Neither I nor II follows

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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.