Statement and Conclusions - Crude Oil Demand
CMAT 2024 · Logical Reasoning · Medium · Statement and Conclusions
Consider the statement given below followed by two conclusions. Decide which of the conclusions follows from the information given in the statement.
Statement : Domestic demand has been increasing faster than production of indigenous crude oil.
Conclusions : I. Crude oil must be imported. II. Domestic demand should be reduced.
- A.
Only Conclusion I follows
- B.
Only Conclusion II follows
- C.
Either Conclusion I or II follow
- D.
Neither Conclusion I nor II follow
C
Explanation
When demand exceeds indigenous supply, to bridge the gap, either supply must be increased through imports (Conclusion I) or demand must be reduced (Conclusion II). Hence, either I or II follows as a measure to handle the imbalance.
Hence, Option C is correct.
Related Statement and Conclusions questions
- #2703Dowry Prohibition ConclusionsCMATLRMCQEasy
- #2983Number Pattern in Cross FigureCMATLRMCQMedium
- #3061Odd Letter Pair OutCMATLRMCQEasy
- #3062Analogous Pair of Instrument and MeasurementCMATLRMCQEasy
- #3063Statement and Arguments EvaluationCMATLRMCQMedium
- #3064Statement and Implicit AssumptionsCMATLRMCQMedium
- #3065Statement and Conclusions on Cricket MatchCMATLRMCQEasy
- #3066Circular Seating Arrangement with Facing DirectionsCMATLRMCQMedium
Practise this under exam conditions
Sign in to solve it with a live timer, the on-screen CAT calculator, and streak and accuracy tracking across every question you attempt.
Solve in the workspace