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In the following question, some statements are given followed by some conclusions. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follow the given statements, disregarding commonly known facts.
Statement:
A government official said the trend in Aadhaar Enabled Payments System (AEPS) shows there will be a significant demand for microloans. Most AEPS transactions are done via hand-held devices usually provided through bank mitras or installed at public distribution shops.
Conclusion:
I. Aadhaar Enabled Payments System (AEPS) are easier to use as compared to other modes of payment.
II. Other modes of payment don’t use hand-held devices for the transactions.
  • a)
    Only I
  • b)
    Only II
  • c)
    Either I or II
  • d)
    Neither I nor II
  • e)
    Both I and II
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
In the following question, some statements are given followed by some...
The statement says that due to the trend in Aadhaar Enabled Payments System (AEPS) there will be a significant demand for microloans. It is not talking about whether it is easier to use or not as compared to other modes of payment. It also does not talk about whether other modes of payment use hand-held devices for the transactions or not. Thus, both conclusions do not follow.
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In the following question, some statements are given followed by some conclusions. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusions logically follow the given statements, disregarding commonly known facts.Statement:A government official said the trend in Aadhaar Enabled Payments System (AEPS) shows there will be a significant demand for microloans. Most AEPS transactions are done via hand-held devices usually provided through bank mitras or installed at public distribution shops.Conclusion:I. Aadhaar Enabled Payments System (AEPS) are easier to use as compared to other modes of payment.II. Other modes of payment don’t use hand-held devices for the transactions.a)Only Ib)Only IIc)Either I or IId)Neither I nor IIe)Both I and IICorrect answer is option 'D'. Can you explain this answer?
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