Statement - Conclusions - Logical Reasoning (MCQ) Questions for Q. 29623
Q. In the following question, a statement/group of statements is given followed by some conclusions. Without resolving anything yourself, choose the conclusion which logically follows from the statement(s).
Statement - Oligopoly is characterised by presence of competition.
The 5G broadband services are provided only by Company X.- Published on 25 Apr 17a. The X company is a corrupt company.
b. The X company is publicly owned.
c. The X company’s market is monopolistic.
d. The X company has many competitors.
ANSWER: The X company’s market is monopolistic.