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

Statement : The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars.

Assumptions :
I. There may be an increase in the sale of luxury cars of Company X.
II. The other such car manufacturers may also reduce their prices.
III. The competitor companies may not reduce their prices.

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

Statement : The X passenger car manufacturing company announced a sharp reduction in the prices of its luxury cars.

Assumptions :
I. There may be an increase in the sale of luxury cars of Company X.
II. The other such car manufacturers may also reduce their prices.
III. The competitor companies may not reduce their prices. Correct Answer None is implicit

The reduction in prices is clearly a step to promote sales of the company. So, I is implicit. However, other companies may or may not follow the same pursuit. So, either II or III is implicit.
Bissoy MCQ

Related Questions

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

Statement : The X-Airlines has decided to increase the passenger fare by 15 percent with immediate effect.

Assumptions :
I. The demand for seats of X-Airlines may remain unchanged even after the hike of fare.
II. Other airline companies may also hike the passenger fares.
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.
Seven people A, B, C, D, E, F and G live on separate floors of a 7-floor building. Ground floor is numbered 1, first floor is numbered. 2 and so on until the topmost floor is numbered 7. Each one of these having a different cars-Cadillac, Ambassador, Fiat, Maruti, Mercedes, Bedford and Fargo but not necessarily in the same order. Only three people live above the floor on which A lives. Only one person lives between A and the one having a car Cadillac. F lives immediately below the one having a car Bedford. The one having a car Bedford lives on an even-numbered floor. Only three people live between the ones having a car Cadillac and Maruti. E lives immediately above C. E is not having a car Maruti. Only two people live between B and the one having a car Fargo. The one having a car Fargo lives below the floor on which B lives. The one having a car Fiat does not live immediately above D or immediately below B. D does not live immediately above or immediately below A. G does not have a car Ambassador. Question : How many people live between the floors on which D and the one having a car Bedford ?
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : "We have the distinction of being the only company in India as well as the second in the world to have won an ISO 9002 certification in our line of business." - Statement of Company X's Chairman.

Assumptions :
I. There were not many companies in the line of business of Company X.
II. Getting ISO 9002 in the line of business of Company X is not easy.
III. The Company X desires to expand its business.
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.
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : Now-a-days, the sale of television sets of company X has increased. Conclusion : I. The sale of television sets of other company has decreased. II. The sale of television sets of company X was nil in past.
Direction : Two statements I and II are given. These statement may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements. Mark answer :

I. The car manufacturing companies have recently increased the prices of mid-sized cars.
II. The Government recently increased the duty on mid-sized cars.
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : The company has recently announced a series of incentives to the employees who are punctual and sincere.

Assumptions :
I. Those who are not punctual at present may get motivated by the announcement.
II. The productivity of the company may increase.
III. The profit earned by the company may be more than the amount to be spent for the incentive programmes.
Directions : In each of the following questions a statement is given, followed by three conclusions. Give answer :

Statement : The company has decided to increase the price of all its products to tackle the precarious financial position.

Assumptions :
I. The company may be able to wipe out the entire losses incurred earlier by this decision.
II. The buyers may continue to buy its products even after the increase.
III. The company has adequate resources to continue production for few more months.
Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statements : Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors.

Conclusions :
I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.
II. Now the investors investing in IT companies will get protection of their investment.