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Directions: Read the following passage/information and answer the question that follows.
An economist was quoted as saying that the Cost–of–Living index (COL) will go up next month because of a recent increase in the price of fruits and vegetables.
Which of the following cannot be inferred from the statement?
  • a)
    The cost of fruits and vegetables has risen sharply.
  • b)
    Consumers have decreased their consumption of fruits and vegetables.
  • c)
    The cost of fruits and vegetables is a major item in the COL.
  • d)
    Other items that make up the COL have not significantly decreased in price.
  • e)
    None of these
Correct answer is option 'B'. Can you explain this answer?
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Most Upvoted Answer
Directions: Read the following passage/information and answer the que...
Introduction:
The passage states that the Cost-of-Living index (COL) will increase in the next month due to a recent increase in the price of fruits and vegetables. We are asked to identify the statement that cannot be inferred from this information.

Analysis:
Let's analyze each option to determine if it can be inferred from the given statement.

a) The cost of fruits and vegetables has risen sharply:
This statement can be inferred from the passage. The economist mentioned that the price of fruits and vegetables has increased, which implies that the cost of these items has risen sharply.

b) Consumers have decreased their consumption of fruits and vegetables:
This statement cannot be inferred from the given information. The passage only mentions an increase in the price of fruits and vegetables, but it does not provide any information about consumer behavior or changes in consumption patterns.

c) The cost of fruits and vegetables is a major item in the COL:
This statement can be inferred from the passage. The economist's comment implies that the increase in the price of fruits and vegetables will have an impact on the overall COL. If these items are a major component of the COL, their price increase will contribute to an increase in the index.

d) Other items that make up the COL have not significantly decreased in price:
This statement can be inferred from the passage. The economist's focus on the increase in the price of fruits and vegetables suggests that other items in the COL have not significantly decreased in price. If there were significant decreases in the prices of other items, the economist would likely mention them as well.

e) None of these:
This option is incorrect because we have determined that option B, "Consumers have decreased their consumption of fruits and vegetables," cannot be inferred from the given information.

Conclusion:
Based on the analysis, option B, "Consumers have decreased their consumption of fruits and vegetables," cannot be inferred from the statement provided.
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Community Answer
Directions: Read the following passage/information and answer the que...
For fruits and vegetables to have an impact on the COL, (1), (3) and (4) need to be true. (2) cannot be inferred.
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Directions: Read the following passage/information and answer the question that follows.An economist was quoted as saying that the Cost–of–Living index (COL) will go up next month because of a recent increase in the price of fruits and vegetables.Which of the following cannot be inferred from the statement?a)The cost of fruits and vegetables has risen sharply.b)Consumers have decreased their consumption of fruits and vegetables.c)The cost of fruits and vegetables is a major item in the COL.d)Other items that make up the COL have not significantly decreased in price.e)None of theseCorrect answer is option 'B'. Can you explain this answer?
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Directions: Read the following passage/information and answer the question that follows.An economist was quoted as saying that the Cost–of–Living index (COL) will go up next month because of a recent increase in the price of fruits and vegetables.Which of the following cannot be inferred from the statement?a)The cost of fruits and vegetables has risen sharply.b)Consumers have decreased their consumption of fruits and vegetables.c)The cost of fruits and vegetables is a major item in the COL.d)Other items that make up the COL have not significantly decreased in price.e)None of theseCorrect answer is option 'B'. Can you explain this answer? for Banking Exams 2024 is part of Banking Exams preparation. The Question and answers have been prepared according to the Banking Exams exam syllabus. Information about Directions: Read the following passage/information and answer the question that follows.An economist was quoted as saying that the Cost–of–Living index (COL) will go up next month because of a recent increase in the price of fruits and vegetables.Which of the following cannot be inferred from the statement?a)The cost of fruits and vegetables has risen sharply.b)Consumers have decreased their consumption of fruits and vegetables.c)The cost of fruits and vegetables is a major item in the COL.d)Other items that make up the COL have not significantly decreased in price.e)None of theseCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Banking Exams 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: Read the following passage/information and answer the question that follows.An economist was quoted as saying that the Cost–of–Living index (COL) will go up next month because of a recent increase in the price of fruits and vegetables.Which of the following cannot be inferred from the statement?a)The cost of fruits and vegetables has risen sharply.b)Consumers have decreased their consumption of fruits and vegetables.c)The cost of fruits and vegetables is a major item in the COL.d)Other items that make up the COL have not significantly decreased in price.e)None of theseCorrect answer is option 'B'. Can you explain this answer?.
Solutions for Directions: Read the following passage/information and answer the question that follows.An economist was quoted as saying that the Cost–of–Living index (COL) will go up next month because of a recent increase in the price of fruits and vegetables.Which of the following cannot be inferred from the statement?a)The cost of fruits and vegetables has risen sharply.b)Consumers have decreased their consumption of fruits and vegetables.c)The cost of fruits and vegetables is a major item in the COL.d)Other items that make up the COL have not significantly decreased in price.e)None of theseCorrect answer is option 'B'. Can you explain this answer? in English & in Hindi are available as part of our courses for Banking Exams. Download more important topics, notes, lectures and mock test series for Banking Exams Exam by signing up for free.
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