Question

    In the question below there are three statements followed

    by two conclusions I and II. You have to take the three given statements to be true even if they seem to be at variance from commonly known facts and then decide which of the given conclusions logically follows from the three statements disregarding commonly known facts . Statements: Only a few stock is share Some share are debenture Mostly debenture is equity Conclusions: I. Some stock is not share is a possibility II. Some share can be equity
    A Only conclusion I follows Correct Answer Incorrect Answer
    B Both the conclusions I and II follow Correct Answer Incorrect Answer
    C Neither conclusion I nor II follow Correct Answer Incorrect Answer
    D Only conclusion II follows Correct Answer Incorrect Answer
    E Either conclusion I or II follows Correct Answer Incorrect Answer

    Solution

    Only a few stock is share → Some stock is share (I). Hence conclusion I does not follow.

    Some share are debenture (I) + Mostly debenture is equity (A) → Some share are equity (I). Hence conclusion II follows.

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