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 | |