engineering recuitment Vizag Steel MT Mechanical 2020 Test Series Verbal Reasoning Statements and Conclusions
Directions: In the question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follow beyond a reasonable doubt from the information given in the statement.
Statement: The Reserve Bank of India has, on 06.03.2018, increased the Repo Rate by 25 basis points to 55.
Conclusions:
I. This might anchor inflation.
II. The banks will now raise lending rates.
1
Only conclusion I follows
2
Only conclusion II follows
3
Both conclusions I and II follow
4
Neither I nor II follows