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    Question

    Given below is a statement, followed by two possible

    reasons numbered I and II. Read the statement carefully and decide which of the two reasons explains the event/observation/information given in the statement. Statement: Even though fuel prices have gone down, airlines have not cut down on their ticket prices. Reasons: I) Demand of air travel among consumers is several times more than the availability. II) The Government has uplifted all restrictions on the pricing of air tickets.
    A Neither I nor II is a possible reason Correct Answer Incorrect Answer
    B Both I and II are possible reasons Correct Answer Incorrect Answer
    C Only II is a possible reason Correct Answer Incorrect Answer
    D Only I is a possible reason Correct Answer Incorrect Answer

    Solution

    The correct answer is B

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