Question 13

In the following question, two statements are given each followed by two conclusions I and II. You have to consider the statements to be true even if they seem to be at variance from commonly known facts. You have to decide which of the given conclusions, if any, follows from the given statements.
Statement :
(I) Demonetization has evolved need for leaning electronic payment system (EPS).
(II) EPS will enable people to go cashless and use plastic money for most of their transactions.
Conclusions :
(I) EPS is quick, safe, and easy way of transaction of money from one account to another.
(II) Cashless transactions will further curb the black marketing of money in upcoming time.

Solution

From the given statements, there is no information regarding safety and quickness of payment of EPS system. EPS system may or may not be safe and quick. Hence conclusion I do not follow the given statements.

Also there is no information regarding conclusion II from the given statements. So conclusion II may or may not be true. Hence conclusion II do not follow the given statements.

$$\therefore\ $$Neither conclusion I nor conclusion II follow the given statements.

Hence, the correct answer is Option C


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