Question
In each question below is given a statement followed
by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. Statement: The government has announced a scheme offering substantial tax rebates to companies that set up manufacturing plants in rural areas in order to promote employment and industrialization in villages. Conclusions: I. The government wants to encourage industrial development in rural regions. II. Companies that set up manufacturing plants in cities will also get tax rebates.Solution
Conclusion I follows because the statement clearly mentions that the scheme aims to promote employment and industrialization in rural areas. Conclusion II does not follow because the statement specifies tax rebates for companies setting up plants in rural areas. It says nothing about tax rebates for companies in cities.
Which of the following agencies recently has been taken under the ambit of Integrated Ombudsman SchemeÂ
What is the maximum amount of deposits that can be accepted by Payment Banks?
Which of the following measures the time decay on option premium?
Which type of borrower is typically associated with Self-Help Groups (SHGs) in priority sector lending?
How much Viability Gap Funding can the Central Government provide for infrastructure projects under PPP?
The process in which certain types of assets are pooled so that they can be repackaged into interest-bearing securities is called:
The price of the Sovereign Gold Bond is fixed in Indian rupees is based on simple average of closing price of 999 purity gold of how many days?
Who was appointed as a first Chairman of Insolvency and Bankruptcy Board of India?
Observing changes in financial variables across the years is :
What is the Complaint redressal system of SEBI called