Exams › IBPS PO › General Awareness

Statement: Should oil companies be allowed to fix the price of petroleum products based on market conditions? Arguments: I. Yes, this is the only way to make the oil companies commercially viable. II. No. This will put an additional burden on the retail prices of essential commodities, causing hardship to the masses.

1. Only argument I is strong
2. Only argument II is strong
3. Either argument I or II is strong
4. Neither argument I nor II is strong

Correct answer: Only argument II is strong

Solution

Argument II is strong because it directly addresses the likely impact on consumers and essential commodity prices. Argument I is weaker because it is too absolute and does not sufficiently justify the policy decision.

Related IBPS PO General Awareness questions

• Directions: Pranav and Pranjal start from the same point. Pranav moves 10 m towards the north, then takes a right and moves 5 m ahead, and finally stops after moving 2 m towards his right. Pranjal walks 10 m towards the west, then takes a left and moves 10 m, then again turns left and moves 15 m, and finally stops after moving 5 m towards his left. If Pranav's shadow is to the right of Pranjal, then what might be the time?
• Statement: Kuwait proposed a UN protection mission for Palestinians. Arguments: I. Yes, more than 100 Palestinians were killed in Israeli firing. II. No, Kuwait has no role and must not interfere. III. No, Palestinians should be protected within their territories; a new mission may cause more killings. Which argument is strong?
• Study the following information carefully and answer the question: Step 1. Floor, Person, Blood group, Grade 8: P, AB+, A 7: O, A+, B 6: N, E, AB- 5: M, O+, F 4: C, L, B+ 3: K, D, A- 2: G, J, O- 1: B-, H, O Which person has grade F?
• Which vehicle is different from the others: Cars, Scooters, Bikes, Motorcycle?
• Statement: Fair glow in one week, otherwise money will be returned. This is an Ayurveda cream and there is no side effect. Use 'X' brand cream. An advertisement in the newspaper. Which of the following statements can be assumed from the above sentence? I. Normally people like Ayurveda cream. II. Very few people read advertisements in a newspaper. III. Very few people read the newspaper. A) None is implicit B) Only I and II are implicit C) Only I, and either II or III are implicit D) All are implicit
• Statement: "The simplest and the most cost-effective way to upgrade your home: exchange your old furniture and get 25% to 33% off on the new furniture" — an advertisement of a furniture company. Assumptions: I. Nowadays, there is no demand for furniture products unless some attractive scheme is offered. II. Some customers always desire the best quality and do not bother either about cost or convenience. III. Some customers want to keep their home up to date with reasonable cost and with fewer hassles. Question: Which assumption(s) is/are implicit?

⚔️ Practice IBPS PO General Awareness free + battle 1v1 →