Question

Read the given statement and conclusions carefully. Assuming that the information given in the statement is true, decide which of the given conclusions logically follows from the statement.

Statement:

India's largest lender bank has announced that it will be allowing customers to exchange *2,000 notes without a requisition slip for amounts up to €20,000.

Conclusions:

I. No one will be allowed to withdraw an amount of more than 20,000.

II. No requisition slip is required for exchange of up to 20,000.

A Only Conclusion II follows Correct Answer Incorrect Answer
B Both Conclusion I and Conclusion II follow Correct Answer Incorrect Answer
C Neither Conclusion I nor Conclusion II follows Correct Answer Incorrect Answer
D Only Conclusion I follows Correct Answer Incorrect Answer

Solution

The correct answer is A

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