- Only III follows
- Neither II nor III follows
- None follows
- All I, II and III follow
- All except III follow
0 Answers
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 following suggested courses of actions logically follow(s) for pursuing.
Statement: Specialty steel and wire ropes maker Usha Martin's decision to sell one of its core businesses - steelmaking - to prune outstanding debt, marks the rare instance of an Indian corporate borrower meeting its loan obligations through divestment. The slump sale is a milestone in the six-decade history of the Kolkata-based company, whose board on Saturday approved the divestment of its one million ton steel business in favor of Tata Steel for Rs 4,600 crore.
Courses of action:
I. Proceeds will be used to ‘first repay existing lenders of the company’. Usha Martin will retain a profitable wire ropes unit as residual business, and has plans to scale it up significantly.
II. As part of the transaction, Usha Martin has entered into a five-year deal with The Tatas for sale of steel at market price to the wire-ropes business.
III. Usha Martin is among the top four wire rope players globally. With oil prices going up and strong trend in demand in Europe, the Ebitda in the wire-ropes business has improved. ?
1 Answers
4 Views
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: With just two days to go for the second edition of Amazon Prime Day, the e-commerce giant has been keeping its loyalists busy with a seven-day entertainment marathon. Started on July 10 with the release of Amitabh Bachchan starrer '102 Not Out', Amazon has been dropping one title every day for its Prime members. With Video and Music, Amazon clearly wants to showcase that Prime day is not merely about products.
Courses of action:
I. Building on the success of its previous sales, Amazon is gearing up for a bigger event, with extra perks for its Prime members in the form of quality video and music content - and not just early access and quicker deliveries.
II. Started on July 3, Prime members who play three songs from the millions on Amazon Prime Music stand a chance to win an Echo Dot every day, with two winners announced daily.
III. With Raazi and Transformers: The Last Night slated for release in the next two days, members already have access to Dunkirk, Telugu hit Officer as well as Prime Original show, Comicstaan - a reality TV show to find India's next stand-up comedy star.?
1 Answers
5 Views