Question : Directions: A situation is given, followed by two conclusions I and II. Read the situation and both the conclusions carefully and select the correct answer.
Situation:
Since the past 15 years, 75% of the products in the world’s pottery market come from Country K. However, the employment in the pottery industry of Country K has been consistently declining by 5 - 9% every year since the past 3 years.
Conclusions:
I. Even after declining employment, Country K has enough potters to continue contributing equally to the international market.
II. The local demand for pottery in Country K has substantially decreased leading to less interest among potters.
Option 1: Neither I nor II can be concluded
Option 2: Only II can be concluded
Option 3: Only I can be concluded
Option 4: Both I and II can be concluded
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Correct Answer: Only I can be concluded
Solution :
Given:
Situation:
Since the past 15 years, 75% of the products in the world’s pottery market come from Country K. However, the employment in the pottery industry of Country K has been consistently declining by 5-9% every year since the past 3 years.
Let's analyse the conclusions –
Conclusion (I):
Even after declining employment, Country K has enough potters to continue contributing equally to the international market – It is evident from the statement that for the past 15 years, 75% of the products in the world's pottery market have been coming from Country K. Even though there has been a consistent decline in employment in the pottery industry of Country K for the past 3 years, their contribution to the market remains unchanged.
Conclusion (II):
The local demand for pottery in Country K has substantially decreased leading to less interest among potters – In the given statement, there is no mention of a decrease in local demand resulting in less interest from potters.
So, only the first conclusion can be concluded. Hence, the third option is correct.
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