Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors. Conclusions: 1 Assessment of financial worth of IT companies calls for separate set of skills, in

Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors.

Conclusions:

Assessment of financial worth of IT companies calls for separate set of skills, insight and competencies.
Now the investors investing in IT companies will get protection of their investment.

[A].	Only conclusion I follows
[B].	Only conclusion II follows
[C].	Either I or II follows
[D].	Neither I nor II follows
[E].	Both I and II follow

Answer: Option A

Explanation:

The need for separate rating agency for IT companies clearly indicates that such assessment requires a separate set of skills. So, I follows. However, the statement indicates only the need or demand and neither the future course of action nor its after-effects can be judged. So, II does not follow.

Logical Reasoning :: Statement and Conclusion : More Exercises

Statement and Conclusion - Section 1

Statements: Although we have rating agencies like Crisil, ICRA, there is demand to have a separate rating agency for IT companies to protect investors. Conclusions: 1 Assessment of financial worth of IT companies calls for separate set of skills, in

Logical Reasoning :: Statement and Conclusion : More Exercises

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