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Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.
Statements:
I.  The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asia's latest accounts.
II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.
  • a)
    Statement I is the cause and statement II is its effect.
  • b)
    Statement II is the cause and statement I is its effect.
  • c)
    Both statements I and II are independent causes.
  • d)
    Both statements I and II are effects of some common cause.
  • e)
    Both statements I and II are effects of independent causes.
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
Directions: In the following question, two statements numbered I and I...

Explanation:

Cause and Effect Relationship:

- Statement I: The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asia's latest accounts.
- Statement II: Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.

Common Cause Explanation:

- Both statements I and II are effects of some common cause. The common cause here is the financial performance of the fast-growing Indian venture, Air Asia.
- The net loss reported in statement I is a result of the financial situation described in statement II, where the company is incurring start-up losses and has negative equity.
- Therefore, the common cause of the net loss and challenging valuation of the business is the financial performance of Air Asia.

Conclusion:

- Both statements I and II are interlinked and are effects of the common cause, which is the financial performance of Air Asia. This establishes a cause and effect relationship between the two statements, making option D the correct answer.
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Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer?
Question Description
Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. 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 Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for CAT 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer?.
Solutions for Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer? in English & in Hindi are available as part of our courses for CAT. Download more important topics, notes, lectures and mock test series for CAT Exam by signing up for free.
Here you can find the meaning of Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer? defined & explained in the simplest way possible. Besides giving the explanation of Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer?, a detailed solution for Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer? has been provided alongside types of Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer? theory, EduRev gives you an ample number of questions to practice Directions: In the following question, two statements numbered I and II are given. There may be cause and effect relationship between the two statements. These two statements may be the effect of the same cause or independent causes. These statements may be independent causes without having any relationship. Read both the statements in the question and mark your answer accordingly.Statements:I. The fast-growing Indian venture reported a net loss of Rs. 164 million in the quarter ended September, according to Air Asias latest accounts.II. Air Asia is still incurring start-up losses and in negative equity; so it is challenging to ascribe much value to the business at this point.a)Statement I is the cause and statement II is its effect.b)Statement II is the cause and statement I is its effect.c)Both statements I and II are independent causes.d)Both statements I and II are effects of some common cause.e)Both statements I and II are effects of independent causes.Correct answer is option 'D'. Can you explain this answer? tests, examples and also practice CAT tests.
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