Question
In this question, two statements numbered I and II have
been given. These statements may be independent causes or effects of independent causes or a common cause. One of the two statements may be the effect of the other statement. Read both the statements and select the correct answer. Statements: I) India has seen an immense growth of the fintech industry in the last few years. II) Internet has seen sharp penetration in India in the past few years.Solution
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Statement I talks about the immense growth of the fintech industry .
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Statement II talks about sharp internet penetration in India .
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Internet penetration is a key driver for fintech growth (because digital payments, online banking, and app-based services require internet).
So, Statement II is the cause , and Statement I is the effect . Answer: Statement II is the cause and Statement I is its effect.
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