Question
Statement: Commuters will have the
benefit of parking spaces at a majority of the stations on the Green Line as six out of the 11 yet-to-be inaugurated stations will have parking lots for two-wheelers. I. All these six stations will have space only for two-wheelers II. With several stations located in congested areas, parking space has been tough to find on this route. In each question below a statement is given followed by two assumptions numbered I and II. An assumption is something supposed or taken for granted. You have to consider the statement and the following assumptions and decide which of the assumptions is implicit in the statement.Solution
Had the word “only” not written in the Assumption I, it would have been implicit but here it says that stations will have space only for two wheelers. Since the statement does not say anything about the other types of vehicles, Assumption I is not implicit. Assumption II is also not implied as we don’t know about the congestion and parking situation in the area.
Under the revised RBI instructions on hedging foreign exchange risk, users are allowed to hedge using exchange-traded foreign exchange derivatives. How...
What is the distinction between ethics and morality based on their scope?
According to the IRAC Norms, which of the following asset classifications applies to a loan where the borrower has defaulted on payment for over 12 mon...
In the preparation and presentation of financial statements, certain components are essential to provide a complete and transparent view of a company's ...
ABC Ltd stated the reason of poor performance of the company was the unsystematic risks faced by it in the current financial year. Which of the followin...
What is the name of the regulatory body that oversees the functioning of commodity futures trading in India?
Which global organization published the World Investment Report 2024?
Which of the following statements is correct regarding the RBI’s Master Direction on KYC for CPs and NCDs?
What is the purpose of the Udyam Assist Portal (UAP) certificate issued to Informal Micro Enterprises (IMEs)?
Sale of a security that is not owned by the seller is called?