One of the promising features of the current market is that domestic institutions seem to have turned buyers after a very long time. They have been net buyers this month with inflows exceeding by Rs. 80 crore till early this month. That's admittedly a small amount, but its significance lies in the fact that domestic institutions have been net sellers every month this financial year except in September when their net pur- chases amounted to a microscopic Rs. 28 crore. This financial year's net sales by domestic institutions amounted to Rs. 2964 crore, which has substantially offset the net inflows of Rs. 3187 crore by Flis. The net purchases by domestic institutions could indicate that money is once again flowing into equity funds, eager not to miss the widely expected rally: Part of this reason could be a shift in investor portfolios, as people lighten up on debt and put that money into equity.
FIIs bought more than what was sold by domestic institutions this financial year.

Options

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.

Answer

A

Explanation

According to the passage, net inflow by FII is Rs. 3187 crore and sales by domestic institution is Rs. 2964 crore.
Therefore, the given inference is definitely true.