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Reasoning

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Inference From Passage

Question
19 out of 30
 

The interest rates in the institutional market have come down significantly and at present are in the range of 5.25 to 5.75 percent per annum. However, interest rates on small savings schemes such as the Post Office Saving Schemes, RBI Relief Bonds, Provident Fund and PPF continue to be administered at high levels in relation to market rates. These schemes also have a variety of tax incentives, which result in much higher post-tax returns and on the flip side more liability for the government. It is ironic that it is predominantly the urban population (and more often people in the high tax bracket), which is benefiting from high rates and tax benefits. The size of small savings has assumed a significant proportion of financial savings in the country. This has also increased dramatically the debt service burden of both Central and State Governments.


Returns on different Government administered savings schemes are higher for tax-paying individuals.



A If you think the inference is ‘definitely true’;

B If you think the inference is ‘probably true’ though not definitely true in the light of the facts given;

C If the data given is inadequate i.e., from the fact given you cannot say whether the inference is likely to be true or false;

D If you think the inference is ‘probably false’ though not definitely false in the light of facts given; and

E If the inference is ‘definitely false’ i.e., it contradicts the given facts.

Ans. C

Inference From Passage Flashcard List

30 flashcards
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One of the greatest advantages a company has over its competitors is a system of distribution and product support, i.e., the dealer network. Dealers play a vital role in helping a company build and maintain close relationships with customers and gain insights into how they can improve their products and services to fulfill customer needs. And a company can achieve customer loyalty through dealer loyalty. Therefore, it must make efforts to build their competence, for more effective performance. Dealers who are long established members of a company can get close to customers, but to tap the full potential of such dealers, a company must forge extremely close ties with them and integrate them into its critical business systems. When treated this way dealers can serve as a source of market intelligence, as proxies for customers, as consultants and the dealers. Although these investments take the usual form of money, it also includes softer aspects such as training and development. The customers are more forthright in giving their feedback about a product or a service to the dealers than to the staff of the company or a surveyor. A If you think the inference is ‘definitely true’; B If you think the inference is ‘probably true’ though not definitely true in the light of the facts given; C If the data given is inadequate i.e., from the fact given you cannot say whether the inference is likely to be true or false; D If you think the inference is ‘probably false’ though not definitely false in the light of facts given; and E If the inference is ‘definitely false’ i.e., it contradicts the given facts.
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One of the greatest advantages a company has over its competitors is a system of distribution and product support, i.e., the dealer network. Dealers play a vital role in helping a company build and maintain close relationships with customers and gain insights into how they can improve their products and services to fulfill customer needs. And a company can achieve customer loyalty through dealer loyalty. Therefore, it must make efforts to build their competence, for more effective performance. Dealers who are long established members of a company can get close to customers, but to tap the full potential of such dealers, a company must forge extremely close ties with them and integrate them into its critical business systems. When treated this way dealers can serve as a source of market intelligence, as proxies for customers, as consultants and the dealers. Although these investments take the usual form of money, it also includes softer aspects such as training and development. Trusted dealers are the direct link between the company and the customers. A If you think the inference is ‘definitely true’; B If you think the inference is ‘probably true’ though not definitely true in the light of the facts given; C If the data given is inadequate i.e., from the fact given you cannot say whether the inference is likely to be true or false; D If you think the inference is ‘probably false’ though not definitely false in the light of facts given; and E If the inference is ‘definitely false’ i.e., it contradicts the given facts.
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One of the greatest advantages a company has over its competitors is a system of distribution and product support, i.e., the dealer network. Dealers play a vital role in helping a company build and maintain close relationships with customers and gain insights into how they can improve their products and services to fulfill customer needs. And a company can achieve customer loyalty through dealer loyalty. Therefore, it must make efforts to build their competence, for more effective performance. Dealers who are long established members of a company can get close to customers, but to tap the full potential of such dealers, a company must forge extremely close ties with them and integrate them into its critical business systems. When treated this way dealers can serve as a source of market intelligence, as proxies for customers, as consultants and the dealers. Although these investments take the usual form of money, it also includes softer aspects such as training and development. Developing a network of dealers is more useful while launching a new product of service. A If you think the inference is ‘definitely true’; B If you think the inference is ‘probably true’ though not definitely true in the light of the facts given; C If the data given is inadequate i.e., from the fact given you cannot say whether the inference is likely to be true or false; D If you think the inference is ‘probably false’ though not definitely false in the light of facts given; and E If the inference is ‘definitely false’ i.e., it contradicts the given facts.
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One of the greatest advantages a company has over its competitors is a system of distribution and product support, i.e., the dealer network. Dealers play a vital role in helping a company build and maintain close relationships with customers and gain insights into how they can improve their products and services to fulfill customer needs. And a company can achieve customer loyalty through dealer loyalty. Therefore, it must make efforts to build their competence, for more effective performance. Dealers who are long established members of a company can get close to customers, but to tap the full potential of such dealers, a company must forge extremely close ties with them and integrate them into its critical business systems. When treated this way dealers can serve as a source of market intelligence, as proxies for customers, as consultants and the dealers. Although these investments take the usual form of money, it also includes softer aspects such as training and development. The company should insist dealer loyalty to the extent that the dealer will not sell similar products of any other company. A If you think the inference is ‘definitely true’; B If you think the inference is ‘probably true’ though not definitely true in the light of the facts given; C If the data given is inadequate i.e., from the fact given you cannot say whether the inference is likely to be true or false; D If you think the inference is ‘probably false’ though not definitely false in the light of facts given; and E If the inference is ‘definitely false’ i.e., it contradicts the given facts.
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One of the greatest advantages a company has over its competitors is a system of distribution and product support, i.e., the dealer network. Dealers play a vital role in helping a company build and maintain close relationships with customers and gain insights into how they can improve their products and services to fulfill customer needs. And a company can achieve customer loyalty through dealer loyalty. Therefore, it must make efforts to build their competence, for more effective performance. Dealers who are long established members of a company can get close to customers, but to tap the full potential of such dealers, a company must forge extremely close ties with them and integrate them into its critical business systems. When treated this way dealers can serve as a source of market intelligence, as proxies for customers, as consultants and the dealers. Although these investments take the usual form of money, it also includes softer aspects such as training and development. A company which has a good chain of loyal dealers need not spend money on advertising. A If you think the inference is ‘definitely true’; B If you think the inference is ‘probably true’ though not definitely true in the light of the facts given; C If the data given is inadequate i.e., from the fact given you cannot say whether the inference is likely to be true or false; D If you think the inference is ‘probably false’ though not definitely false in the light of facts given; and E If the inference is ‘definitely false’ i.e., it contradicts the given facts.
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