New One Goal, Three Exams: Strategies for Mastering RBI, SEBI, and IFSCA Exams
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Question

Below a question is given with two statements (I) and (II). These statements may be either independent causes or may be effects of independent causes or a common cause. One of these statements may be the effect of the other statement. Read both the statements and decide which of the following answer choice correctly depicts the relationship between these two statements.

Statements:

I) Cash is not acceptable at many places after demonetization.

II) Many online wallets are tying up with banks so that it is possible for people to go cashless.

A Statement (I) is the cause and statement (II) is the effect. Correct Answer Incorrect Answer
B Statement (II) is the cause and statement (I) is the effect. Correct Answer Incorrect Answer
C Both the statements (I) and (II) are independent causes. Correct Answer Incorrect Answer
D Both the statements (I) and (II) are effects of independent causes. Correct Answer Incorrect Answer

Solution

Statement (I) is the cause and statement (II) is the effect. Although India’s current move to bring cashless economy in function has led to to both the statements the direct cause of the II statement is the I statement. Hence, the answer will be a.

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