The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.

by AdminX

Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer :

Statement : The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.

Assumptions :
I. The investors may regain confidence in stock market by this decision.
II. The review committee has the expertise to find out the causes for volatility in the stock market.

A. Only assumption I is implicit
B. Only assumption II is implicit
C. Either I or II is implicit
D. Neither I nor II is implicit
E. Both I and II are implicit

Answer & Solution

Answer: Option E
Solution:

Clearly, I mentions the aim for which the step talked about in the statement, has been undertaken while II mentions the essential requirement for it. So, both I and II are implicit.

The regulatory authority has set up a review committee to find out the reasons for unstable stock prices.

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