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Each question below has a statement followed by three courses of action numbered I, II and III. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing.
Statement: The prices of essential commodities have gone up substantially during the past few weeks.
Courses of action: I. The government should set up an expert committee to study the trend of prices.
II. The govt. should immediately abolish taxes on essential commodities.
III. The govt. should advise the general public to refrain from purchasing essential commodities for few days.
  • a)
    None follows
  • b)
    Only I follows
  • c)
    Only II follows
  • d)
    Only III follows
  • e)
    Only I and II follow
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Each question below has a statement followed by three courses of acti...
If prices of essential commodities is increasing substantially, then setting up an expert committee to study the price trends and to figure out a reason behind price increase is a valid action.
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Community Answer
Each question below has a statement followed by three courses of acti...
Analysis of the Statement
The statement highlights a significant rise in the prices of essential commodities, indicating a potential economic issue that requires immediate attention.
Evaluation of Courses of Action
- Course of Action I: The government should set up an expert committee to study the trend of prices.
- Logical Follow-Up: This action is prudent as it allows for a thorough understanding of the reasons behind the price increase. An expert committee can analyze market trends, supply chain issues, and other contributing factors. Hence, this course of action logically follows.
- Course of Action II: The government should immediately abolish taxes on essential commodities.
- Consideration Needed: While abolishing taxes may provide immediate relief, it could also lead to budget shortfalls and may not address the root causes of price increases. Thus, this action is not necessarily a logical follow-up without additional analysis and consideration of its broader economic impact.
- Course of Action III: The government should advise the general public to refrain from purchasing essential commodities for a few days.
- Effectiveness Questioned: Advising the public to refrain from purchasing essential commodities is unlikely to be effective. Essential items are necessities, and consumers will continue to buy them regardless of advice. This course of action does not address the underlying issue and is therefore not a logical follow-up.
Conclusion
Based on this analysis, only Course of Action I logically follows from the statement. The government must first investigate the issue before implementing any measures, such as tax abolition or public advisories. Therefore, the correct answer is:
Only I follows (Option B)
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Each question below has a statement followed by three courses of action numbered I, II and III. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing.Statement: The prices of essential commodities have gone up substantially during the past few weeks.Courses of action: I. The government should set up an expert committee to study the trend of prices.II. The govt. should immediately abolish taxes on essential commodities.III. The govt. should advise the general public to refrain from purchasing essential commodities for few days.a)None followsb)Only I followsc)Only II followsd)Only III followse)Only I and II followCorrect answer is option 'B'. Can you explain this answer?
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Each question below has a statement followed by three courses of action numbered I, II and III. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing.Statement: The prices of essential commodities have gone up substantially during the past few weeks.Courses of action: I. The government should set up an expert committee to study the trend of prices.II. The govt. should immediately abolish taxes on essential commodities.III. The govt. should advise the general public to refrain from purchasing essential commodities for few days.a)None followsb)Only I followsc)Only II followsd)Only III followse)Only I and II followCorrect answer is option 'B'. Can you explain this answer? for CAT 2024 is part of CAT preparation. The Question and answers have been prepared according to the CAT exam syllabus. Information about Each question below has a statement followed by three courses of action numbered I, II and III. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing.Statement: The prices of essential commodities have gone up substantially during the past few weeks.Courses of action: I. The government should set up an expert committee to study the trend of prices.II. The govt. should immediately abolish taxes on essential commodities.III. The govt. should advise the general public to refrain from purchasing essential commodities for few days.a)None followsb)Only I followsc)Only II followsd)Only III followse)Only I and II followCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Each question below has a statement followed by three courses of action numbered I, II and III. A course of action is a step or administrative decision to be taken for improvement, follow up or further action in regard to the problem, policy, etc. On the basis of the information given in the statement, you have to assume everything in the statement to be true, then decide which of the suggested courses of action logically follow(s) for pursuing.Statement: The prices of essential commodities have gone up substantially during the past few weeks.Courses of action: I. The government should set up an expert committee to study the trend of prices.II. The govt. should immediately abolish taxes on essential commodities.III. The govt. should advise the general public to refrain from purchasing essential commodities for few days.a)None followsb)Only I followsc)Only II followsd)Only III followse)Only I and II followCorrect answer is option 'B'. Can you explain this answer?.
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