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Read the given statement and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at varianc
Question

Read the given statement and conclusions carefully. Assuming that the information given in the statements is true, even if it appears to be at variance with commonly known facts, decide which of the given conclusions logically follow(s) from the statement.
Statement:
Prices of pulses have doubled in the last 15 days due to shortages artificially created by large – scale hoarding by a few trades.
Conclusion:
I. Hoarding is the only factor that leads to an increase in the price of pulses
II. Fifteen days ago, there was no shortage in availability of pulses ​​

A.

Only conclusion II follows

B.

Neither conclusion I nor II follows

C.

Both conclusions I and H follow

D.

Only conclusion I follows

Correct option is B

 Statement: Prices of pulses have doubled in the last 15 days due to shortages artificially created by large-scale hoarding by a few traders.
Conclusion I: Hoarding is the only factor that leads to an increase in the price of pulses.(Not follows)       
The statement mentions that hoarding is the cause for the price increase, but it doesn't state that hoarding is the only factor that can cause an increase. Other factors could contribute as well, so this conclusion does not logically follow.
Conclusion II: Fifteen days ago, there was no shortage in the availability of pulses. (Not follows)
The statement says the shortage was artificially created in the last 15 days. This implies that 15 days ago, there was no shortage, so conclusion II logically follows.
However, after reviewing both conclusions more carefully, it becomes clear that Conclusion I is too absolute (the "only" part), and while Conclusion II seems reasonable, the phrasing of the statement does not strictly confirm that no shortage existed before. The shortage is described as "artificially created," which might still imply some other underlying causes.
Thus, both conclusions cannot be conclusively supported, which makes B) Neither conclusion I nor II follows the correct answer.

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