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It is generally accepted that if the mon...

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 becauseof 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. Thoughone might wonder who will provide the insurance against poor monsoons if everyone is adversely affected by poor monsoon? The answer is-the international investor.
Which of the following is true?
1)If the inference is definite.", true! i.e. it properly follows from the statement of facts given.
2)if the inference is probably true' though not definitely true in the light of the facts given
3)If the 'data are inadequate, i.e. from the facts given you cannot say whether the inference is likely to be true or false
4)If the inference is definitely false", i.e. it cannot possibly be drawn from the facts given for it contradicts the given facts.

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 definitely false", i.e. it cannot possibly be drawn from the facts given for it contradicts the given facts.

Text Solution

Verified by Experts

The correct Answer is:
D

According to the passage, India recorded a sharp jump in its rate of growth after years of good performance in the recent years.
Therefore, the given inference is definitely false i.e. it contradicts the given fact.
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LUCENT PUBLICATION-PASSAGE AND CONCLUSION -Exercise - 1
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  2. Read the given passage and decide whether the given inference is true ...

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  3. It is generally accepted that if the monsoon is poor in any given year...

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  4. It is generally accepted that if the monsoon is poor in any given year...

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  5. It is generally accepted that if the monsoon is poor in any given year...

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  6. It is generally accepted that if the monsoon is poor in any given year...

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  7. Read the following passage and examine each inference given below it i...

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  8. Ministry of environment and forest has granted environmental clearance...

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  9. Read the following passage and examine each inference given below it i...

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  10. Read the following passage and examine each inference given below it i...

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  11. Ministry of environment and forest has granted environmental clearance...

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  12. The space exploration has been done mainly by using unmanned satellite...

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  13. The space exploration has been done mainly by using unmanned satellite...

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  14. In this question below is given a passage followed by several inferenc...

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  15. In this question below is given a passage followed by several inferenc...

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  16. In this question below is given a passage followed by several inferenc...

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  17. Read the following passage and examine each inference given below it i...

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  18. Read the following passage and examine each inference given below it i...

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  19. Read the following passage and examine each inference given below it i...

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  20. Read the following passage and examine each inference given below it i...

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