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Direction: In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.
Statement: The demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well.
Conclusions:
I. Customers buy gold depending on the price.
II. The demand for gold will not grow ever.
  • a)
    The only conclusion I follow.
  • b)
    Only conclusion II follows.
  • c)
    Either I or II follows.
  • d)
    Neither I nor II follows.
Correct answer is option 'A'. Can you explain this answer?
Verified Answer
Direction:In the question below is given a statement followed by two c...
The demand for any gold drops if the prices rise, which means that the consumers reduce buying it. From this we can infer that consumers buy gold based on its price. Hence, conclusion I follows.
However, conclusion II cannot be concluded from the given statement as the sentence says, it is ‘likely’ to follow a similar pattern implying it cannot be stated as a firm conclusion.
So, the correct answer is option (1) Only conclusion I follows. 
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Most Upvoted Answer
Direction:In the question below is given a statement followed by two c...
Statement:
The demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well.

Conclusions:
I. Customers buy gold depending on the price.
II. The demand for gold will not grow ever.

Explanation:
Conclusion I: Customers buy gold depending on the price.
This conclusion can be logically inferred from the statement. The statement mentions that the demand for gold has reduced this year due to rising prices. This implies that customers are sensitive to price changes and their buying behavior is influenced by the price of gold. When the price of gold rises, customers tend to buy less gold, leading to a decrease in demand. Therefore, it can be concluded that customers buy gold depending on the price.

Conclusion II: The demand for gold will not grow ever.
This conclusion cannot be logically inferred from the statement. The statement mentions that the demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well. However, this does not imply that the demand for gold will never grow in the future. The statement only provides information about the current and future trend in demand, but it does not imply that the demand will never increase again. Therefore, conclusion II does not follow from the given statement.

Conclusion:
Based on the above analysis, it can be concluded that only conclusion I follows from the given statement. Customers buy gold depending on the price, as mentioned in the statement. However, the statement does not provide sufficient information to support conclusion II, which states that the demand for gold will not grow ever.
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Direction:In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.Statement:The demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well.Conclusions:I. Customers buy golddepending on the price.II. The demand for gold will not grow ever.a)The only conclusion I follow.b)Only conclusion II follows.c)Either I or II follows.d)Neither I nor II follows.Correct answer is option 'A'. Can you explain this answer?
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Direction:In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.Statement:The demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well.Conclusions:I. Customers buy golddepending on the price.II. The demand for gold will not grow ever.a)The only conclusion I follow.b)Only conclusion II follows.c)Either I or II follows.d)Neither I nor II follows.Correct answer is option 'A'. Can you explain this answer? for Railways 2024 is part of Railways preparation. The Question and answers have been prepared according to the Railways exam syllabus. Information about Direction:In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.Statement:The demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well.Conclusions:I. Customers buy golddepending on the price.II. The demand for gold will not grow ever.a)The only conclusion I follow.b)Only conclusion II follows.c)Either I or II follows.d)Neither I nor II follows.Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for Railways 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Direction:In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement.Statement:The demand for gold has reduced this year due to rising prices and it is likely to follow a similar pattern next year as well.Conclusions:I. Customers buy golddepending on the price.II. The demand for gold will not grow ever.a)The only conclusion I follow.b)Only conclusion II follows.c)Either I or II follows.d)Neither I nor II follows.Correct answer is option 'A'. Can you explain this answer?.
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