Bissoy.com
Doctors Medicines MCQs Q&A

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.

Assumptions :
I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged.

Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : In view of the recent spurt in sugar prices in the open market, the government has asked the dealers to release a vast quantity of imported sugar in the open market.

Assumptions :
I. The dealers will follow the government directive.
II. The sugar prices will come down.
III. The price of indigenous sugar will remain unchanged. Correct Answer Only I and II are implicit

The government's decision is clearly a measure to increase supply and control rates. So, both I and II are implicit, while III is not.

Related Questions

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statements : "The Government will review the present policy of the diesel price in view of further spurt in the international oil prices". - A spokesman of the Government.

Conclusions :
I. The Government will increase the price of the diesel after the imminent spurt in the international oil prices.
II. The Government will not increase the price of the diesel even after the imminent spurt in the international oil prices.
Statement : The availability of imported fruits has increased in the indigenous market and so the demand for indigenous fruits has been decreased.

Courses of Action :
I. To help the indigenous producers of fruits, the Government should impose high import duty on these fruits, even if these are not of good quality.
II. The fruit vendors should stop selling imported fruits. So that the demand for indigenous fruits would be increased.
A statement is given below in the question 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: Hindustan Unilever and Nestlé plan to selectively increase prices of their products to take into account higher crude oil and petrol costs, the rupee’s depreciation against the dollar and more expensive commodities such as wheat. If crude remains where it is and if the rupee has depreciated, of course, there are headwinds as far as costs are concerned. I. Nestlé India’s logistics providers are looking to renegotiate rates after record-high petrol and diesel prices. Nestlé declined to comment on when and by how much prices would increase.  II. Nestlé commented that HUL had dropped prices in November after the Goods & Services Tax was introduced last year and an increase in prices now would likely not hurt consumers.  III. Petrol prices have crossed Rs 90 a litre in Mumbai on increasing global prices of crude oil, of which India is a net importer, further impacted by the falling rupee. Crude derivatives, which are key inputs for FMCG companies, and petroleum derivatives used in packaging material including bottles and tubes, have also become more expensive.
In the question below, two statements and some of their conclusions are given as alternatives. You have to follow both the given statements correctly, even if they seem to be at variance from commonly known facts. Read all the conclusions and then decide which of the given conclusions basically follows the given statements, regardless of the commonly known facts. Statements: 1. All stars are planets 2. All planets are moons Conclusion: 1. All moons are planets 2. Some planets are stars 3. Some moons are stars 4. All planets are stars A. Conclusions 1, 3 and 4 follow B. Conclusions 2 and 3 follow C. Conclusions 1, 2 and 3 follow D. All conclusions follow
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : During pre-harvest kharif season, the government has decided to release vast quantity of food grains from FCI.

Assumptions :
I. There may be a shortage of food grains in the market during this season.
II. The kharif crop may be able to replenish the stock of FCI.
III. There may be a demand from the farmers to procure kharif crop immediately after harvest.
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: Ikea, the world’s largest furniture retailer with 38 billion euros in annual sales, said the customs duty increase will push up costs in India and could hamper business sentiment. Trade barriers such as import duties are against ideas of a global economy and ease of doing business and will lead to higher costs in India, which is not customer friendly. Ikea said it’s still gauging the impact of the move and wouldn’t be able to comment on whether prices will be raised or not. The Swedish company’s entry marked one of the most significant overseas investments in the country.  Courses of action: I. The company imports, most of the products it sells including tableware, kitchenware and household items made of plastic, and travel bags among other items that are covered by the duty increase announced on Wednesday. Companies have said prices of air-conditioners, premium refrigerators, washing machines, shoes and suitcases will go up by 3-5% while premium imported shoes will be dearer by about 5%.  II. Ikea made its debut in India with its Hyderabad store in August and plans to expand to more locations across the country, keeping prices low as it seeks to appeal to customers in a price sensitive market.  III. India announced duty changes on 19 items including air-conditioners, refrigerators, washing machines, footwear, jewelry, furniture fittings, tableware and ATF to curb the current account deficit and stem the slide in the rupee against the dollar. 
Below are given statements followed by some conclusions. You have to take the given statements to be true even if they seem to be variance with the commonly known facts and then decide which of the given conclusions logically follow(s) from the given statements. Statement: Domestic demand has been increasing faster than the production of indigenous crude oil. Conclusions: I. Crude oil must be imported. II. Domestic demand must be reduced. A. Only conclusion I follows B. Only conclusion II follows C. Neither I nor II follows D. Both I and II follow
Statements followed by some conclusions are given below. Statements: 1. Demand and supply determine the prices of goods and services. 2. When there are too many buyers, prices are pushed up and too many sellers push down prices. Conclusions: I. Buyers and sellers determine the prices. II. Price discovery is market driven. Find which of the given conclusions logically follows from the given statements. A. Only conclusion I follows B. Only conclusion II follows C. Both I and II follow D. Neither I nor II follows
In the question below, a passage is given 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. Passage: COVID-19 has adversely affected Cinema Halls. Not just the fact that they are still in lockdown, but also because OTT platforms like Disney-Hotstar and Amazon prime are wooing desperate producers to directly release their films in OTT platforms. Despite repeated requests, producers are not heeding to the calls of Cinema Halls not to release on OTT platforms. Many cinema halls and multiplexes are staring at mammoth losses. Courses of action: I. The Cinema halls should be demolished and converted to multi-storey residential buildings. II. Multiplexes and Cinema halls must come together and ban the films that are releasing on OTT platforms from theatrical release. III. The Government must ban all films from direct release on OTT platforms.
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : In order to reduce the gap between income and expenditure, the company has decided to increase the price of its product from next month.

Assumptions :
I. The rate will remain more or less same after the increase.
II. The expenditure will more or less remain the same in near future.
III. The rival companies will also increase the price of the similar product.