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Question

In the question below some statements are given followed by three conclusions I, II, and III. You have to take the given statements to be true even if they seem to be at variance with commonly known facts. Read all the conclusions and then decide which of the given conclusion definitely follows from the given statements, disregarding commonly known facts.

Statements:

Only Market are Share.

Some Markets are Stocks.

Only a few Fund is Stock.

Conclusions:

I. At least Some Funds are Shares.

II. At least Some Stocks can be Shares.

III. Some Funds are not Stocks.

A Only Conclusion I follow Correct Answer Incorrect Answer
B Only Conclusion II follows Correct Answer Incorrect Answer
C Only Conclusion III follows Correct Answer Incorrect Answer
D Only Conclusion I and II follows Correct Answer Incorrect Answer
E None of the Conclusions follows Correct Answer Incorrect Answer

Solution

Only Market are Share → All Shares are Markets and Shares cannot have any positive relation with anyone. Hence neither conclusion I nor II follow. Only a few Fund is Stock → Some Funds are not Stocks (O) and Some Funds are Stocks (I). Hence conclusion III follows.

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