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      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.
      A Both I and II are effects of independent causes Correct Answer Incorrect Answer
      B II is the cause and I is its possible effect Correct Answer Incorrect Answer
      C Both I and II are independent causes Correct Answer Incorrect Answer
      D I is the cause and II is its possible effect Correct Answer Incorrect Answer

      Solution

      • Statement I talks about the immense growth of the fintech industry .

      • Statement II talks about sharp internet penetration in India .

      • 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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