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 Petrol are Diesel. Some Diesel are not CNG. Some CNG are Pump. Conclusions: I. All Diesel are Petrol. II. Some CNG being Petrol is a possibility.Solution
Only a few Petrol are Diesel → All Diesel may be Petrol. Hence conclusion I does not follow. Conclusion II follows as we diesel get the possibility case.
lumpsum tax is levied on the monopolist, the burden will be borne by
The H.M. and G.M. of a distribution are 8 and 10 respectively. Then the A.M. is
Which one of the following is not an assumption of Classical Linear Regression Model
Elistan can produce either 5 monster trucks or 10 cans of silly string in a day. What is the opportunity cost of one can of silly string?
The "Tragedy of the Commons" is most directly associated with the problem of providing:
A firm finds that for the product it produces, its (own) price elasticity of demand is 4. Currently, the firm is selling 1000 units per month at Rs. 5 p...

What is the Capital to RiskWeighted Assets Ratio (CRAR) of scheduled commercial banks (SCBs) as of end March 2024 according to the Financial Stability R...
Consider an economy described by the following equations:
C = 100 + 0.6 ∗ (Y − T) (consumption function)
Judging from the figure, a person that chooses to consume bundle C is likely to