Below is given a passage followed by several possible inference which can be drawn from the facts stated in the passage. you have to examine each inference seperately in the context of the passage decide upon its degree of truth or falsity and choose your answer accordingly from amongest the alternative provided thereafter.
The interest rates in the institutional market have come down significantly and at present are in the range in the 5.25 to 5.75 percent per annum. However interest rates on small savings scheme such as the post office saving schemes , RBI Relief bonds , provident fund and PPF continue to be administrated at high levels in relation to market rates. These schemes also have a variety of tax incentive which results in much higher post tax returns and on the flip side more liability for the goverment . It is ironic that it is predominantly the urban population . which is benefating from high rates and tax benefits . The size of small saving has assumed a significant proportion of financial savings in the country. This has also increased dramatically the debt service burden of both central and state Governments.
Tax incentives are provided too benefit all sections of the society.
(a) Probably false
(b) Definitely true
(c] Definitely false
(d) Data inadequate
(e) Probably true

Options

A. Probably false
B. Definitely true
C. Definitely false
D. Data inadequate

Answer

B

Explanation

According to the passage, it is ironical that the upper class urban population is taking maximum benefit of the tax incentives on small savings schemes. So, the upper class is availing of the benefit, while the writer intends the lower classes to benefit from the same. This implies the given inference.
Therefore, the given inference is definitely true.