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Standard XII
Business Studies
Money Market
Statements:I....
Question

Statements:
I. Majority of the citizens in the locality belongs to higher income group.
II. The sales in the local super market are comparatively much higher than in other localities.

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 A Statement I is the cause and statement II is its effect
The comparatively higher sales in a particular locality are indicative of the high paying capacity of the residents of that locality.

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