1.

When people buy new homes, they also buy consumer durable products such as fridge, TV, washing machine, etc. The sale of new flats depends on the home loan interest rates. It is expected that the banks will cut the interest rates by at least 1% next year, which is a big reduction.Which of the below conclusions can be drawn from above?

A. The consumer durable product companies will have to give heavy discounts to promote their sales.
B. The government will relax foreign investment norms to attract more multinational brands of consumer durables to India.
C. Real estate sector and consumer durable companies will witness high growth in sales.
D. The sales of consumer durables on e-commerce sites will grow much faster than the sales in shopping malls.
Answer» D. The sales of consumer durables on e-commerce sites will grow much faster than the sales in shopping malls.


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