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REASONING
Cause: The cement manufacturing companie...

Cause: The cement manufacturing companies have increased the price of cement by about fifteen per cent with immediate effect.
Which of the following is/are possible effect (s) of the above cause?
(A) Govt will direct the cement manufacturing companies to reduce the price increase to five per cent.
(B)The prices of residential flats and commercial companies will see an upward trend.
(C) The construction companies may stop all ongoing construction projects with immediate effect.
1) Only (B)
2) Only (A)
3) Only (C)
4) Only (B) and (C)
5) None of these

A

Only (B)

B

Only (A)

C

Only (C)

D

Only (B) and (C)

Text Solution

Verified by Experts

The correct Answer is:
A

According to the given cause, only statement II seems to be possible effect because the realty sector (construction) very much dependent on cement prices. But other options are not possible effects of the given cause. Therefore, statement II is the only possible effect of the given cause.
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