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Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.
Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.
RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.
RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).
- a)Only RI is the reason.
- b)Only RII is the reason.
- c)Neither RI nor RII is the reason.
- d)Both RI and RII are the reasons.
- e)Either RI or RII is the reason.
Correct answer is option 'B'. Can you explain this answer?
Most Upvoted Answer
Directions: In this question, an assertion is followed by two reasons...
Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.
RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.
RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).
Reasoning: The assertion talks about the government's concern about the 'Big Four' auditing firms and their affiliates potentially harming competition in some way. The two reasons provided are the recent statistics showing that only 13% of the auditing firms survived in the market for more than a year after being launched (RI) and the fact that the 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE) (RII).
RI: The recent statistics showing that only 13% of the auditing firms survived in the market for more than a year after being launched is not a direct reason for the government's concern about the 'Big Four' auditing firms. This statistic may indicate a broader issue with auditing firms in general, but it does not necessarily implicate the 'Big Four' specifically.
RII: The fact that the 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE) is a more direct reason for the government's concern about these firms. This statistic suggests that the 'Big Four' have a significant market share in the auditing industry, which could potentially harm competition and create barriers to entry for smaller firms.
Therefore, only RII is a possible reason for the assertion, and the correct answer is option 'B'.
RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.
RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).
Reasoning: The assertion talks about the government's concern about the 'Big Four' auditing firms and their affiliates potentially harming competition in some way. The two reasons provided are the recent statistics showing that only 13% of the auditing firms survived in the market for more than a year after being launched (RI) and the fact that the 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE) (RII).
RI: The recent statistics showing that only 13% of the auditing firms survived in the market for more than a year after being launched is not a direct reason for the government's concern about the 'Big Four' auditing firms. This statistic may indicate a broader issue with auditing firms in general, but it does not necessarily implicate the 'Big Four' specifically.
RII: The fact that the 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE) is a more direct reason for the government's concern about these firms. This statistic suggests that the 'Big Four' have a significant market share in the auditing industry, which could potentially harm competition and create barriers to entry for smaller firms.
Therefore, only RII is a possible reason for the assertion, and the correct answer is option 'B'.
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Directions: In this question, an assertion is followed by two reasons...
Since the 'Big Four' have a monopoly over the auditing market, it would be good to check whether they are stifling competition out of the market or not. However, new players in the market not being able to sustain themselves could be because of a lot of different reasons.
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Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer?.
Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer?.
Solutions for Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for CLAT.
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Here you can find the meaning of Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of
Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer?, a detailed solution for Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? has been provided alongside types of Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? theory, EduRev gives you an
ample number of questions to practice Directions: In this question, an assertion is followed by two reasons, RI and RII. Read the assertion carefully and decide which, out of RI and RII, is/are the possible reason(s) for the assertion.Assertion: The government wants the country's antitrust body to assess whether the so-called 'Big Four' auditing firms and their affiliates are hurting competition in any manner.RI: The recent statistics show that only 13% of the auditing firms survived in the market for more than a year after being launched.RII: The 'Big Four' do auditing work for almost 60% of the top 500 companies that trade on India's National Stock Exchange (NSE).a)Only RI is the reason.b)Only RII is the reason.c)Neither RI nor RII is the reason.d)Both RI and RII are the reasons.e)Either RI or RII is the reason.Correct answer is option 'B'. Can you explain this answer? tests, examples and also practice CLAT tests.
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