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REASONING
From the beginning of the new year, the ...

From the beginning of the new year, the good news continues on the economic front. Following on the heels of encouraging GDP growth figures for the second quarters we now have happy tidings on the trade front as well. November 2002 saw the country's exports record a healthy 16% increase compared to the corresponding period last year. With this, the growth rate in exports for the first eight months of the current fiscal now stands at a robust 16%. Of course part of the reason for this apparently encouraging performance is because of the base effect-exports actually fell 0.8% during 2001-2002. But that is only part of the reason. For the rest, recovery in global trade and to give credit where it is due, concerted efforts by exporters have played no small role.
During 2001-2002, the quantum of the country's exports was about three-fourths of that in 2002-2003.

A

If the inference is definite.", true! i.e. it properly follows from the statement of facts given.

B

if the inference is probably true' though not definitely true in the light of the facts given

C

If the 'data are inadequate, i.e. from the facts given you cannot say whether the inference is likely to be true or false

D

If the inference is probably false, though not 'definitely false in the light of the facts given.

Text Solution

Verified by Experts

The correct Answer is:
C

According to the passage, the export quantum is given only for the first eight months for the fiscal year 2002-2003
Therefore, the given data are inadequate.
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LUCENT PUBLICATION-PASSAGE AND CONCLUSION -Exercise - 1
  1. From the beginning of the new year, the good news continues on the eco...

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  2. From the beginning of the new year, the good news continues on the eco...

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  3. From the beginning of the new year, the good news continues on the eco...

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  4. From the beginning of the new year, the good news continues on the eco...

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  5. One of the promising features of the current market is that domestic i...

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  6. One of the promising features of the current market is that domestic i...

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  7. One of the promising features of the current market is that domestic i...

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  8. One of the promising features of the current market is that domestic i...

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  9. One of the promising features of the current market is that domestic i...

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  10. The prospects for the Indian economy this year will be influenced by t...

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  11. The prospects for the Indian economy this year will be influenced by t...

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  12. The prospects for the Indian economy this year will be influenced by t...

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  13. The prospects for the Indian economy this year will be influenced by t...

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  14. The prospects for the Indian economy this year will be influenced by t...

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  15. The havoc ofrecurring famines and the subsequentimpact of devastating ...

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  16. The havoc ofrecurring famines and the subsequentimpact of devastating ...

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  17. The havoc ofrecurring famines and the subsequentimpact of devastating ...

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  18. The havoc ofrecurring famines and the subsequentimpact of devastating ...

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  19. The havoc ofrecurring famines and the subsequentimpact of devastating ...

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  20. Read the given passage and decide whether the given inference is true ...

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