In the commodities business size does matter. This is common wisdom. The Indian sugar industry, the second largest in the world after Brazil, has traditionally been fragmented, which led to widespread sickness and large number of mills going bankrupt, a situation exacerbated by a slew of government controls-which are, meaningfully, getting diluted since August 1998. Its now been more than seven-and-a-half years since the industry was delicensed. No official permission is required either to build anew factory or for brown field expansion plan, except that there must not be any violation of command area norms. Even then, there aren't many who have the capacity to play the volumes game at the cyclic sugar business.
At present the Indian sugar industry has been made considerably free from Government controls.

Options

A. If the inference is definitely 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, le 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

B

Explanation

According to the passage, since August 1998 government control on sugar mills is getting diluted but we do not know how much the government control has been diluted.
Therefore, the given inference is probably true.