NIMCET 2011 — Reasoning PYQ

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Question

NIMCET 2011 — Reasoning PYQ

NIMCET | Reasoning | 2011

Directions Q. In the following question three statements are followed by a conclusion. Study the statements and the conclusion and point out which statement studied together will bring to the conclusion
Statements:
(i) Price rise is natural phenomenon
(ii) If production increases prices fall
(iii)High prices affect the poor
Conclusion : If production rises the poor feel relieved. Answer Choices

Choose the correct answer:

Explanation

Step 1: Analyze the statements for the required variables

Statement (ii): Establishes a link between Production and Price.

$\text{Production } \uparrow \implies \text{Price } \downarrow$
Statement (iii): Establishes a link between Price and the Poor.

$\text{High Price } \implies \text{Affects Poor Negativey}$

By logical extension:

$\text{Lower Price } \implies \text{Relief to the Poor}$

Step 2: Combine the relevant statements

By combining (ii) and (iii), we get the following chain:

\text{Production Rises} \xrightarrow{\text{from (ii)}} \text{Prices Fall} \xrightarrow{\text{from (iii)}} \text{Poor feel relieved}

Step 3: Evaluate statement (i)

Statement (i) discusses price rise as a "natural phenomenon," which is not necessary to prove that an increase in production relieves the poor.

Final Answer:

Statements (ii) and (iii) together lead to the conclusion. The correct option is (c) Only ii and iii.