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      Question

      Three statements are given followed by three

      conclusions numbered I, II and III. Assuming the statements to be true, even if they seem to be at variance with commonly known facts, decide which of the conclusions logically follow(s) from the statements. Statements: Some Wallets are Payments. All Payments are Transactions. No Transaction is Online. Conclusions: I. No Payment is Online. ┬а II. Some Transactions are Wallets. ┬а III. Some Wallets are Online.
      A Only conclusions I and III follow Correct Answer Incorrect Answer
      B Only conclusion I follows Correct Answer Incorrect Answer
      C Only conclusions II and III follow Correct Answer Incorrect Answer
      D Only conclusions I and II follow Correct Answer Incorrect Answer

      Solution

      All Payments are Transactions (A) + No Transaction is Online (E) тЖТ No Payments is Online (E). Hence conclusion I follows. Some Wallets are Payments (I) + All Payments are Transactions (A) тЖТ Some Wallets are Transactions (I) тЖТ Conversion тЖТ Some Transactions are Wallets (I). Hence conclusion II follows. Some Wallets are Payments (I) + All Payments are Transaction (A) тЖТ Some Wallets are Transactions (I) + No Transaction is Online (E) тЖТ Some Wallets are not Online (O). Hence conclusion III does not follow.

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