Loading....
Coupon Accepted Successfully!

Reasoning

Open Flashcards

Inference From Passage

Question
4 out of 30
 

It is generally accepted that if the monsoon is poor in any given year, it will have a significantly negative impact on the lives of millions. Some lives, such as those of the farmers, are affected directly because of poor crop yield; others are affected indirectly as the economic growth slows down. Similarly, the years with good monsoon bring smile and prosperity to the lives of many. For instance, India recorded a sharp jump in its rate of growth after years of good performance in the recent years. This unfortunate cycle affects the lives of millions of poor and hapless. But it need not be this way. In the jargon of financial economics, monsoon risk is a diversifiable risk. In other words, it is an insurance risk. Though one might wonder who will provide the insurance against poor monsoons if everyone is adversely affected by poor monsoon? The answer is – the international investor.


Scanty monsoon adversely affects the lives of only the poor people in India.



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. E

Inference From Passage Flashcard List

30 flashcards
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
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.
12)
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.
13)
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.
14)
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.
15)
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.
16)
17)
18)
19)
20)
21)
22)
23)
24)
25)
26)
27)
28)
29)
30)