

MCQOPTIONS
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1. |
Statement:The government will hike royalty on crude oil and grant exemption in excise duty to North-East petroleum production. Conclusions :I. There will be an additional burden on the national exchequer.II. There is intense competition for petroleum production in the North-East. |
A. | if only conclusion I follows |
B. | if only conclusion II follows |
C. | if either I or II follows |
D. | if neither I nor II follows, and |
E. | if both I and II follow |
Answer» B. if only conclusion II follows | |