Question

Effect: During the last six months the sale of four wheelers has come down in comparison to the sale of four wheelers last year for the same period.

Which of the following can be the possible cause for the effect mentioned above?

I. Government has increased the excise duty on the four wheelers from the beginning of this year.

II. Cost of petrol has increased immensely during the last eight months.

III. Interest rates on car and home loans has been increasing from last seven months.

• A. I, II and III
• B. Both I and II
• C. Only II
• D. Only I

Answer 1

The correct option is A

I, II and III

All may be the possible causes.