{"id":49029,"date":"2024-04-15T22:49:53","date_gmt":"2024-04-15T22:49:53","guid":{"rendered":"https:\/\/exam.pscnotes.com\/mcq\/?p=49029"},"modified":"2024-04-15T22:49:53","modified_gmt":"2024-04-15T22:49:53","slug":"directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-government-has-decided-to-reduce-its-subsidy-on-lpg-however-the-subsid","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-government-has-decided-to-reduce-its-subsidy-on-lpg-however-the-subsid\/","title":{"rendered":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The government has decided to reduce its subsidy on LPG; however the subsidy on kerosene remains unchanged. Assumptions : I. Those people who buy LPG can afford to purchase LPG for a higher price. II. Many people may stop buying LPG and instead use kerosene."},"content":{"rendered":"<p>[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. Both I and II are implicit&#8221; correct=&#8221;option3&#8243;]<!--more--><\/p>\n<p>The correct answer is: <strong>C. Either I or II is implicit<\/strong><\/p>\n<p>The government&#8217;s decision to reduce the subsidy on LPG implies that the government believes that those people who buy LPG can afford to purchase LPG for a higher price. However, it is also possible that the government is making this decision in order to encourage people to use kerosene instead of LPG. In this case, the government would be assuming that many people may stop buying LPG and instead use kerosene.<\/p>\n<p>Therefore, either assumption I or assumption II is implicit in the statement.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. Both I and II are implicit&#8221; correct=&#8221;option3&#8243;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[721],"tags":[],"class_list":["post-49029","post","type-post","status-publish","format-standard","hentry","category-statement-and-assumption","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The government has decided to reduce its subsidy on LPG; however the subsidy on kerosene remains unchanged. Assumptions : I. Those people who buy LPG can afford to purchase LPG for a higher price. II. Many people may stop buying LPG and instead use kerosene.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-government-has-decided-to-reduce-its-subsidy-on-lpg-however-the-subsid\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The government has decided to reduce its subsidy on LPG; however the subsidy on kerosene remains unchanged. Assumptions : I. Those people who buy LPG can afford to purchase LPG for a higher price. II. 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Give answer : Statement : The government has decided to reduce its subsidy on LPG; however the subsidy on kerosene remains unchanged. Assumptions : I. Those people who buy LPG can afford to purchase LPG for a higher price. II. Many people may stop buying LPG and instead use kerosene.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/exam.pscnotes.com\/mcq\/directions-in-each-of-the-following-questions-a-statement-is-given-followed-by-two-conclusions-give-answer-statement-the-government-has-decided-to-reduce-its-subsidy-on-lpg-however-the-subsid\/","og_locale":"en_US","og_type":"article","og_title":"Directions : In each of the following questions a statement is given, followed by two conclusions. Give answer : Statement : The government has decided to reduce its subsidy on LPG; however the subsidy on kerosene remains unchanged. Assumptions : I. Those people who buy LPG can afford to purchase LPG for a higher price. II. Many people may stop buying LPG and instead use kerosene.","og_description":"[amp_mcq option1=&#8221;Only assumption I is implicit&#8221; option2=&#8221;Only assumption II is implicit&#8221; option3=&#8221;Either I or II is implicit&#8221; option4=&#8221;Neither I nor II is implicit E. 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