Direction: In each question below is given a statement followed by two conclusions numbered I and II. You have to assume everything in the statement to be true, then consider the two conclusions together and decide which of them logically follows beyond a reasonable doubt from the information given in the statement. Give answer
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Statement:
''A five per cent increase in freight and passenger fares will yield only Rs 500 cr in the remaining part of the current financial year.''___The railway minister
Conclusions :
I. At least ten per cent increase was being expected .
II. The railway minister is a rich man.
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- if only conclusion I follows
- if only conclusion II follows
- if either I or II follows
- if neither I nor II follows, and
- if both I and II follow
Correct Option: E
The word only suggests that 5% is inadequate. But we are not told what the adequate level is. So I does not follow. II cannot be ascertained because when a railway minister talk of public funds, it is not on the basis of his private property. Even a poor man can deal with large public funds.