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Byju's Answer
Standard XII
Business Studies
Economic Environment
In the given ...
Question

In the given question, there are two statements I and II. These statements may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statements. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements.

I: The Government has increased rates of petrol and diesel by 10% from the immediate effect.
II: Oil producing countries have decided to increase 10% of production on crude oil from the last quarter.

A
Statement I is the cause and statement II is its effect.
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B
Statement II is the cause and statement I is its effect.
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C
Both the statements I and II are independent causes.
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D
Both the statements I and II are effects of independent causes.
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E
Both the statements I and II are effects of some common cause.
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Solution

The correct option is D Both the statements I and II are effects of independent causes.
Both statements I and II are the effects of independent causes.

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In each of the questions, two statements are numbered as I and II. There may be a cause and effect relationship between the two statements. The statements may be the effect of the same cause or an independent cause. The statements may be independent causes without having any relationship. Read both the statements and mark your answer as:
(A) If statement I is the cause and statement II is its effect.
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