Question

There has been a drop of about 10 percent in the number of credit card transactions in the current year from the previous year.

• A. If the inference is ‘definitely true’, i.e., it properly follows from the statement of facts given.
• B. If the inference is ‘probably true’ though not ‘definitely true’ in the light of the facts given.
• C. If the ‘data is inadequate’ i.e. from the facts given you cannot say whether the inference is likely to be true or false.
• D. If the inference is ‘probably false’ though not ‘definitely false’ in the light of the facts given.

Answer 1

The correct option is A

If the inference is ‘definitely true’, i.e., it properly follows from the statement of facts given.

Average monthly spends in the financial year 2010 fell to Rs. 5100 crores against Rs. 5,400 crores in the Financial Year 2009. Thus, the drop in the term of expenditure is about six percent. But the drop in the term of volume is about 10 percent