Question
Download Solution PDFThis question consists of a passage and a statement. Read the passage carefully and based on it, review the statement. According to a report, India's economic growth may reach 7 per cent next year as the government's policies are going to pay more attention to the poor rural conditions of the country's villages in the last year before the 2019 general elections.
Assocham has said in its report for the coming year, "Economic expansion may reach 7% by the last quarter of September 2018 as compared to 6.3% GDP growth in the second quarter of 2017-18, while inflation is expected to remain around 4 to 5.5 per cent in the second half of next year, with monsoon being a key unexplainable."
Statement:
India's GDP growth in the second quarter of 2017-18 was 6.3 per cent.
Choose the most appropriate option from the following.
A - The statement is definitely true.
B - The statement is probably true.
C - The statement cannot be reviewed.
D - The statement is completely false.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven Statement is:
India's GDP growth in the second quarter of 2017-18 was 6.3 per cent.
After reading the passage checking all the conclusions one by one.
A) The statement is definitely true → (Correct) As mentioned in the passage that 'Economic expansion may reach 7% by the last quarter of September 2018 as compared to 6.3% GDP growth in the second quarter of 2017-18'
B) The statement is probably true → (Incorrect)
C) The statement is cannot be determined → (Incorrect) We can come to a conclusion after reading the statement that the GDP growth in the second quarter of 2017-18 was 6.3 per cent.
D) The statement is definitely false → (Incorrect) As we got above that the statement is true so, this result is incorrect.
Hence (A) follows the statement.
Hence the correct answer is "Option 4".
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