Question
Consider the following statements: 1. Cayman
Islands recent exit from the FATF grey list 2. Cayman Islands is a French Overseas Territory located in the Western Caribbean Sea 3. Cayman Islands considered a tax haven because the Caymans do not impose a corporate tax. Which of the statements given above is/are correct?Solution
Cayman Islands’ recent exit from the FATF grey list is expected to bolster global private equity funds looking to invest in non-banking financial companies (NBFCs) based in India. The Cayman Islands is a British Overseas Territory located in the Western Caribbean Sea They are considered a tax haven because the Caymans do not impose a corporate tax, making it an ideal place for multinational corporations to base subsidiary entities to shield some or all of their incomes from taxation.
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Some lyricists are singers.
Conclusions: I. Some writers are singers.
II. Some writers are...
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Only a few rats are rabbit. ...
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Some pens are tables.
No table is a book.
Some books are threads
Some threads are boxes.
Conclusions: ...
Statement:
Some pipes are tanks.
All tanks are lids.
All lids are covers.
Conclusion:
I. Some covers are lids.
Statement:
Some dog are tigers.
Only a few tigers are lions.
All lions are cat.
Conclusion:
I. Some dog being lion is...
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A few platforms may be trains.
Some tickets being passenger is a possibility.
Statements:
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No rectangle is a square.
Conclusions:I. No square is a rectangle.
II. Some rectangles are...
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All Textiles are Clothes.
Only few Clothes are Inputs.
Only few Inputs are Output.
No Output is a Unit.
C...
Conclusions:
Some pens are pencil.
No pencil is black.
Statements:
- Three statements are given, followed by three conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance w...