Question

Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors.

Conclusions:
I. Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.
II. Now the investors investing in IT companies will get protection of their investment.

• A. Only conclusion I follows
• B. Only conclusion II follows
• C. Either I or II follows
• D. Neither I nor II follows
• E. Both I and II follow

Answer 1

The correct option is A

Only conclusion I follows

The need for separate rating agency for IT companies clearly indicates that such assessment requires a separate set of skills. So, I follows.
However, the statement indicates only the need or demand and neither the future course of action nor its after-effects can be judged. So, II does not follow.