Directions: The question consists of a statement and two inferences. The student must first determine whether each statement is true. Choose the appropriate answer after reading the statement carefully.
Statement: The Indian E-commerce industry has been on an upward growth trajectory. The online retail market in India is estimated to be 25%of the total organized retail market and is expected to reach 37% by 2030.
Inference:
I. Increasing internet and smartphone penetration has led to the growth of the E-commerce industry.
II. An increase in the population by 2030 will lead to the growth of the E-commerce industry.
1
If only I follows.
2
If only II follows.
3
If both I and II follow.
4
If neither I nor II follows.
5
If either I or II follows.